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Global oil and gas investment increases

 Last Update: 2022-01-23
 Source: Internet
 Author: User

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Global oil and gas investment will reach $628 billion this year, compared with $602 billion in 2021, due to higher spending on upstream natural gas and LNG projects, Rystad Energy said
.

Rystad Energy said six LNG projects will come online in North America this year, while major exporter Qatar is also planning to expand LNG production capacity
.
While Omicron-related supply disruptions could limit short-term energy demand in key crude consuming sectors such as transportation and aviation, the overall outlook for oil and gas is bright as the economy recovers

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Global oil and gas investment increases

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Oil services giant Schlumberger expects global oil and gas investment to increase