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As Big Oil shrinks, boards plot different paths out of crisis

February 7, 2016 by · Leave a Comment 

By Ron Bousso and Terry Wade LONDON/HOUSTON (Reuters) – As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top …

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As Big Oil shrinks, boards plot different paths out of crisis