Possible investment into low-carbon projects
Cash-rich oil and gas sector eyes next investments
The industry might be poised to spend significant sums on low-carbon projects
The rest of this decade will be crucial for the oil and gas industry. Globally, the energy complex now faces looming questions around access, sustainability, security, affordability and the necessary transition to a low-carbon future. At the same, time oil and gas companies are now—after years of disruptions—seeing record cash flows that could help solve some of those problems. The experts at Deloitte, in partnership with Petroleum Economist, discussed these issues in a recent webinar, titled Striking the balance: How and where will oil and gas companies deploy their cash?, where they talked about the status of the oil and gas industry and laid out various scenarios for the sector’s next pha
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
