Wednesday 25 March 2015

Otmane El Rhazi : Upstream capital expenditure declined 12% year-over-year in fourth-quarter 2014

Otmane El Rhazi from Today in Energy.



Based on financial statements from selected international oil and natural gas companies, spending on upstream investments was 12% lower in fourth-quarter 2014 compared to the same period in 2013. Upstream spending on exploration and development typically accounts for the bulk of these companies' investment expenditures.

No comments:

Post a Comment