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Tag Archives: a fund manager at Degroof Petercam Gestion in Paris

OPEC Deal Tests Oil Majors’ Appetite for Risk and Reward

  OPEC’s deal to cut production and boost prices gives oil companies the opportunity to shake off two years of layoffs and slumping profits to start investing again — if they still have the risk appetite. Just ask Patrick Pouyanne, chief executive officer of Total SA. Throughout the downturn he’s consistently warned that tens of billions of dollars of investment ...

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