M&A activity in the oil and gas (O&G) sector fell to its lowest level since 2008. This contradiction is explained in part by the end of the long-standing correlation between M&A activity and oil prices as O&G companies remain
, including the distribution and production of global oil and gas fields, the distribution and changes of remaining recoverable reserves, the differences in oil and gas production between regions/countries, and the development potentials of oil and gas fields unproduced and to be produced in 2023....
Oil and Gas logistics refers to the transportation of drilling equipment’s, extracted crude oil and natural gas. It also comprises transportation of refined products from one place to another. It covers complete phases from upstream to downstream. It synchronizes with all types ...
oilfield services reported its best performance for the 2023 to 2024 period in the past 34 years.4Additionally, some companies are engaging in increased investments in low-carbon technology projects to help balance the risks associated with the traditional oil and gas market. These investments will ...
Global oil and gas (O&G) sector performance in 2024 will remain broadly in line with that in 2023 and stronger than mid-cycle levels. Oil prices should remain
2 Since then, in line with the post-COVID socio-economic recovery, oil prices have climbed significantly, hovering around $80 per barrel for the majority of 2023.In parallel, a new wave of capital expenditure has been seen from multiple oil and gas companies.3 However, with all energy ...
Global oil demand share outlook by product 2023-2050 Published by Statista Research Department, Jan 2, 2025 Diesel and gasoil account for the highest oil products demand share in the world. In 2023, these products made up some 28.38 percent of total oil demand. This figure is expected to...
In the field of global oil and gas engineering science and technology,innovative progress has been made in deep sea exploration,unconventional oil and gas exploration,deep exploration in mature areas,and improvements in recovery efficiency and supporting technologies.The oil and gas industry in China ...
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As the world progresses on the path to net zero, the oil and gas sector is navigating a complex landscape. While there has been a notable shift towards renewable energy investments, there is a continuing urgent need to maintain secure and reliable energy supplies through hydrocarbon production. ...