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On the Blogs: ‘Is the Era of Oil Mega Projects Over?’

Irina Slav for oilprice.com: BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell boasted a 20-percent cut in its capex for 2015 from 2014, to US$29 billion. Exxon in March said it would be reducing its capital […]

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