December 18, 2012

Oil Investing Shifts Outside North America

Phil Zahodiakin, AOL Energy


AOL Energy

ustained growth in spending on exploration and production across the globe will focus on plays outside North America, a survey from a global bank concludes, despite the country's growing profile and its potential to become the top global crude producer in coming decades.

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TAGGED: Africa Command, China, Russia, , Iraq, Brazil, North America, Oil Drilling, Oil Exploration

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