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At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the second half of 2018 and raise oil output to meet global demand

The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the annual European Association of Geoscientists and Engineers (EAGE) Conference

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