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Oil and gas industry confidence doubles in year

  RESEARCH firm DNV GL said the oil and gas industry feels twice as confident as it did this time last year, and anticipates boosting both capital and operational expenditure over the next 12 months.

Carmen Allan-Patale
Oilers' confidence has doubled in a year

Oilers' confidence has doubled in a year

More than 65% of the 800 oil and gas professionals surveyed said they are feeling confident enough to either maintain or increase their capex this year.   However, these companies said they will proceed...

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