{"id":339629,"date":"2020-02-29T10:44:23","date_gmt":"2020-02-29T05:14:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=339629"},"modified":"2020-02-29T10:44:23","modified_gmt":"2020-02-29T05:14:23","slug":"coronavirus-to-hit-energy-sector-to-cut-2020-oil-gas-investments-by-30-billion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coronavirus-to-hit-energy-sector-to-cut-2020-oil-gas-investments-by-30-billion\/","title":{"rendered":"Coronavirus to hit energy sector, to cut 2020 oil, gas investments by $30 billion"},"content":{"rendered":"<p>The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday.<\/p>\n<p>\u201cOur current assessment forecasts that COVID-19 could result in global exploration and production (E&amp;P) investments falling by around $30 billion in 2020,\u201d said Audun Martinsen, head of Rystad\u2019s oilfield service research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday. \u201cOur current assessment forecasts that COVID-19 could result in global exploration and production (E&amp;P) investments falling by around $30 billion in 2020,\u201d said Audun Martinsen, head of Rystad\u2019s oilfield service research.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-339629","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=339629"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339629\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=339629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=339629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=339629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}