(EnergyAsia, September 1 2010, Wednesday) — Norwegian bank DnB NOR has forecast that 70 of the world’s leading upstream companies will increase their collective exploration and production (E&P) spending by 11% to US$435 billion this year, and by a further 8% in 2011. In its annual E&P spending report, the bank found that the 70…
(EnergyAsia, September 1 2010, Wednesday) — Norwegian bank DnB NOR has forecast that 70 of the world’s leading upstream companies will increase their collective exploration and production (E&P) spending by 11% to US$435 billion this year, and by a further 8% in 2011. In its annual E&P spending report, the bank found that the 70…