12 September 2015, Lagos – International Energy Administration, IEA, has estimated that globally, companies would cut their 2015 spending on new oil and gas production projects by more than $100 billion, a decline of over 20 per cent compared with 2014. IEA Executive Director, Fatih Birol, who made this disclosure on Wednesday to the Chinese […] More »
Nigeria: Oil firms to cut production spending by $100bn
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