Oil and Gas Industry Enters New Investment Cycle with Focus on Sustainability

The upstream oil and gas sector stands on the cusp of entering a new investment cycle one that Rystad Energy has dubbed the 'deliver in uncertainty' cycle where there is set to be an increased focus among players to deliver on sustainability targets while remaining financially robust. The previous cycle, which started amid the Covid-19 pandemic in 2020 and is now ending, threw energy markets into turmoil.

Emission-reduction targets, emission intensity and carbon prices are no longer a novelty in decision-making and portfolio valuation; they are essential parts of a company's strategy. Digitalization has been under the spotlight of the industry and companies for several years, but eventually it became a part of 'business as usual'. Now, digital initiatives are an essential component of project development as they are beneficial in terms of optimizing cost and time.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

U.S. Enters Winter with Highest Natural Gas Stocks in Eight YearsU.S. natural gas inventories are higher than average for this time of the year as America has entered the proper winter heating season with stocks at their highest level since 2016
Fonte: OilandEnergy - 🏆 34. / 68 Consulte Mais informação »

Rosneft Denies Reports of a Russian Oil Industry Mega-MergerRosneft denies media reports about a potential mega-merger between Russia's biggest oil companies, calling them a tactic to gain market advantage.
Fonte: OilandEnergy - 🏆 34. / 68 Consulte Mais informação »

US oil industry eagerly awaits Donald Trump’s deregulatory pushDespite president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growth
Fonte: FT - 🏆 113. / 51 Consulte Mais informação »

Oil Market News Oil Prices Jump as OPEC Delays Output HikeOil prices jumped in early trading on Monday as OPEC delayed its planned production hikes yet again.
Fonte: OilandEnergy - 🏆 34. / 68 Consulte Mais informação »