No silver lining in sight for O&G sector

AS it appears, there’s no silver lining in sight for the oil and gas (O&G) sector that continues to see worrisome developments.

Earlier this week, the United States said it would go ahead with its plans to ramp up production this year and the next. This is notwithstanding the 60% slide in oil prices and indications that the US shale gas industry is more resilient that some of us think.