MARKETS

Financial market and price concerns knock budgets of oil and gas majors

A positive shift in investment sentiment has been forecast for upstream oil and gas developments, however, the budgets of the majors are likely to shrink, according to a new report from BMI Industry Research.

Colin Hay

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Utilising data gleaned by a review of information sourced from the third quarter 2023 reports of the oil majors, BMI identified an important return to investment in large scale greenfield projects. ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.