Canada taking cautious routeCapital spending forecast to drop 6.6 percent in 2007 because of upstream inflation, natural gas uncertainties, rest of world Gary Park For Petroleum News
On the capital spending teeter-totter, the rest of the world is headed up in 2007 while Canada takes a dive.
Predictions made by Citigroup Research, a division of Citigroup Global Markets, said global spending in the upstream sector will climb by 7 percent, almost matching the 6.6 percent drop fore....
[additional news subjects in this story]
Citigroup expects spending above initial plans Lehman Brothers projects 9% growth Service sector may be overbuilt EnCana leads Canadian retreat Oil sands keep the home front hopping Shell expanding Athabasca operation
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