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Accenture’s latest Energy Trends Review examines key global trends impacting the energy sector in the current economic climate.
Continuing high oil prices and strengthening demand in 2011 have seen the upstream oil sector showing good growth. Analysts are revising their upstream capital expenditure forecasts upward for the whole of 2011, with some now expecting global exploration and production expenditure to reach $533 billion in 2011—an increase of 14 percent over 2010.
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Key global trends affecting the energy sector in the current economic climate are examined. These include:
July 1, 2011
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