European oil and gas leaders have expressed heightened confidence in the development of the sector this year, following an impressive start to 2012. However, executives said that success will rely on more than the high price of oil, growth in energy demand or even a recovery in economic conditions. The discussions followed the publication of ‘Big Spenders: The outlook for the oil and gas industry in 2012’, the second Economist Intelligence Unit report commissioned by GL Noble Denton.....

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