Doing Business in the Oil & Gas Sector: Opportunities for German Companies
Investment in oil and gas production should grow during the next few years. This, at least, is the urgent hope of the International Energy Agency (IEA). Between 2014 and 2016, upstream oil and gas investment nearly halved, with a probable modest increase in 2017 mainly due to an upswing in US shale investment. Low crude prices have caused private companies to rethink their investment strategies, with statebacked investment losing assets from sovereign wealth funds.
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