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Opec deal tests oil majors' risk-reward appetite

Total, for example, is preparing for final investment decisions in 2017 to develop Brazil, Uganda projects
Monday, December 19, 2016 - 05:50


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.

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