LLOYDS BANK RESEARCH SERIES – OIL & GAS Re-evaluating Strategies 2016

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Welcome to the fifth annual Lloyds Banking Group oil and gas sector report.

Clearly the last year has been an exceptionally challenging one for the industry, and at a time when so many firms are having to plan and take reactive measures, I hope that our findings will prove especially valuable.

The decline in the price of oil has made headlines around the world, and its knock-on impact on investment and employment has created economic headwinds that are being felt, not just by the industry but across the wider economy.

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