Wood Mac: E&P spend to recover in 2011, flat in 2010; Conoco’s Alaska budget uncertain
Wood Mackenzie predicts investment in the world’s upstream oil and gas sector will grow modestly in 2011, reaching around $350 billion by 2012, down from a five-year peak of $370 billion in 2008 when oil prices topped $140 per barrel.
With some exceptions the international research firm expects 2010....
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How has Alaska fared to date? Conoco looks at 10% worldwide drop
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