Tag Archives: capital

Upstream capital expenditure declined 12% year-over-year in fourth-quarter 2014

March 25, 2015 Source: U.S. Energy Information Administration, based on Thomson Reuters and Evaluate Energy Note: Q1 2015 prices are through March 16. Based on financial statements from selected international oil and natural gas companies, spending on upstream investments was 12% lower in fourth-quarter 2014 compared to the same period in 2013. Upstream spending on […]

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