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

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. However, it accelerated the pace of energy transition as oil and gas companies were forced to re-invent themselves,…

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