Rising costs 'biggest industry threat'

Skyrocketing project costs are perhaps the single biggest threat to the long-term sustainability of the global oil and gas industry, two leading chief executives said on Tuesday.

Costs challenge: Statoil's Helge Lund highlights increasing pressure on margins
Costs challenge: Statoil's Helge Lund highlights increasing pressure on margins
Published 17 June 2014, 10:07Updated 19 June 2014, 07:33