OpeOluwani Akintayo with agency report 05 January 2018, Sweetcrude, Lagos — International oil majors such as ExxonMobil, Shell, Total and others will cut investment on exploration in 2018. In a report by consultancy Wood Mackenzie (WoodMac), this year, the IOCs are not again bothered by pressure to replace reserves, making it the fifth year of …
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ExxonMobil, Shell, Total, others to cut exploration spending in 2018
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