Monthly Global Upstream Review, February 2017 – Decline in Global Capex Outlook

(EMAILWIRE.COM, May 03, 2017 ) Globally, upstream oil and gas production is expected to decline by around -1.7% over the 2017 to 2021 period. Total production outlook to 2021 has decreased by more than 500 million barrels of oil equivalent (mmboe) when compared with the January 2017 report. The...