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‘Upstream investors need $630bn compensation for declining oil production’

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‘Upstream investors need $630bn compensation for declining oil production’
06 May 2016, Houston, Texas — The International Energy Information Administration (IEA) has estimated that a yearly $630 billion worldwide upstream oil and gas investment is required to compensate for declining production at existing fields. This is coming as the British Petroleum (BP) said yesterday, at the ongoing Offshore Technology Conference (OTC) in Houston, Texas, […] More »
‘Upstream investors need $630bn compensation for declining oil production’ ‘Upstream investors need $630bn compensation for declining oil production’ Reviewed by Crude Oil Facilitators on 15:31 Rating: 5

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