Two of the oil and gas industry’s respected and experienced leaders have been celebrated with Honorary Life Memberships at the opening day of the 2022 APPEA Conference and Exhibition.
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Global oil demand is expected to reduce as a result of slowing economic activity and GDP growth cuts.
Surging oil, gas and power prices, the EU’s goals of becoming less dependent on Russian supplies, and post-Covid-19 pandemic inflation will catapult global energy spending this year.
A Wood Mackenzie report examines the levers the North Sea can pull to increase production and argues indigenous oil and gas still has a major role to play.
Neptune Energy will donate US$2 million, to be shared equally between emergency appeals by the International Committee of the Red Cross and the International Rescue Committee.
A total of 74 billion-dollar deals were undertaken in the oil and gas industry last year, compared to only 40 in 2020, says GlobalData.
Wood Mackenzie has released a report that discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.
In the second year of a COVID-influenced market, US upstream M&A rose 25% year-over-year to reach US$66 billion.