{"id":345724,"date":"2020-04-07T10:34:13","date_gmt":"2020-04-07T05:04:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345724"},"modified":"2020-04-07T10:34:13","modified_gmt":"2020-04-07T05:04:13","slug":"lockdown-to-delay-several-oil-gas-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lockdown-to-delay-several-oil-gas-projects\/","title":{"rendered":"Lockdown to delay several oil, gas projects"},"content":{"rendered":"<p>NEW DELHI: Low oil and gas prices, lockdown and mobility restriction across several countries will delay several oil and gas projects from complex deep-sea projects that depend on men and material from across the globe to refinery expansion and pipe-laying, executives and analysts said.<\/p>\n<p>The oil industry is under twin assault from the demand destruction caused by Covid-19 and a price war between key global producers that has brought about a record quick drop in prices. Lockdown and mobility restrictions have induced economic uncertainty and are making it harder for executives to manage projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Low oil and gas prices, lockdown and mobility restriction across several countries will delay several oil and gas projects from complex deep-sea projects that depend on men and material from across the globe to refinery expansion and pipe-laying, executives and analysts said. The oil industry is under twin assault from the demand destruction caused by Covid-19 and a price war between key global producers that has brought about a record quick drop in prices. Lockdown and mobility restrictions have induced economic uncertainty and are making it harder for executives to manage projects.<\/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":[130,191,136],"tags":[],"class_list":["post-345724","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345724","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=345724"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345724\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}