SHALE AND UNCONVENTIONAL GAS

Upstream spending frenzy

GLOBAL upstream spending is set to reach a record $US1.23 trillion ($A1.18 trillion) this year wi...

Marija Stojkovic

Upstream spending frenzy

This is according to the latest IHS upstream spending report which also expects upstream capital and operating expenditures to rise to $1.64 trillion by 2016. "The brief lull in expenditures in 2009...

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