VOL. XLVII

No 21

24-May-2004

SUPPLY/DEMAND

Majors Rebuilding Exploration Portfolios, Says Deutsche Bank

Major international oil companies are rebuilding their exploration prospect portfolios after several years of under-investment, according to Deutsche Bank. In the report Where Next For The Major Oils?, published on 21 April, Deutsche Banks analysts JJ Traynor, Caroline Cook, Paul Sankey and Jay Saunders say that the rebuilding is hard to quantify because few companies break out their exploration...