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In 2012, the world realized how significant America’s oil production had become following a report from the International Energy Agency (IEA) projecting that the U.S.
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The North America Assembly focuses on those business challenges most pressing for O&G operators and the wider investment and financial community in the USA and Canada. The format is high-level, intimate and interactive panel discussions. 400+ delegates, 50 speakers, international in flavour, it's the only thing like it in Houston, combining heavyweight investors and thought leaders in O&G.
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Two small things on Amec this morning, firstly they have won a contract from OMV Petrom in Romania which is bread and butter deal but another win for the company. Secondly there was a big article in the FT today in which the CEO of the Nuclear Decommissioning Authority suggested that he was ‘disappointed’
Good morning
Hopefully an earlier blog today after yesterday’s meeting filled day, today half of us are on the road with a client roadshow, the others are at the Oil Council Africa Assembly in Paris, you’ve guessed that I am here in London! The Africa Assembly is even bigger and better attended
It was all about WTI yesterday as the EIA inventory data surprised the market even though a small tip-off had been given by the API stats the night before. Crude oil drew by 6.3m barrels versus consensus analysts’ forecasts/guesses of 400,000 barrels and WTI gained despite the weaker US factory orders particularly in energy products.
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