Wood Mackenzie believes in high returns from oil and gas again
In 2017, oil and gas exploration will create double-digit returns once again, says analyst firm Wood Mackenzie in a new report. "Lower costs are already paying off," says the firm.
BY LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH
For five years, returns on oil and gas exploration has only been of the single-digit variety. But this will change in 2017, says analyst firm Wood Mackenzie in a new report.
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