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Capex on developing oilfields to drop below $3.5 billion in 2030

By Economic Times - 9 months ago
Capital expenditure on developing oil projects is estimated to drop below $3.5 billion in 2030 from around $4.3 billion in 2024. The estimates are based on the current pipeline of upstream projects, said Toril Bosoni, the head of oil markets at IEA.

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