Global E&P spend dips by $300bn in 2 years — OPEC

24 February 2017, Sweetcrude, Abuja — Organisation of the Petroleum Exporting Countries, OPEC, has stated that global oil and gas exploration and production spending fell by over $300 billion in 2015 and 2016. Secretary-General of OPEC, Mr. Sanusi Barkindo, who stated this at the just-ended International Petroleum Week in London, also noted that global oil […] More »