PREMIUM FEATURES

Australasia leads global oil and gas capex

DESPITE macro-economic uncertainties and the resulting volatility in oil prices, global capital expenditure for oil and gas exploration and production in 2012 will rise by 11% to $US595 billion this year.

The mid-year spending update from Dahlman Rose surveyed 463 companies and indicates a modest uptick in US and Canadian spending, while other regions registered solid spending growth. Leading the global...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.