Nigeria's leading finance and market intelligence news report.

Global oil & gas spending to fall by more than 75% in 2020 – study

The Norwegian independent energy research firm, Rystad Energy, has said that global project sanctioning is set for a staggering decline this year by over 75percent from 2019 levels with total sanctioning value expected to end up around $47 billion. Of total global sanctioning value in 2020, Rystad Energy said some $27 billion is expected to…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.