IOC Reserves Growth Mantra: Is Repsol Move The Beginning Of The End?

...e previous 100 years. There were also issues linked to ‘unburnable carbon’ coupled with the ‘divest campaign’. The final nail in the coffin was the much lower oil prices after 2014. The IOCs, who were well aware of these growing problems, began to seek solutions. Mega-mergers, which had been th...