During the presentation, Dr Birol also highlighted that after two years of unprecedented declines in
global upstream oil investment, there was no sign of a rebound in 2017.
Not exact matches
Oil prices fell by another 24 % in the fourth quarter, as global supplies continued to outstrip demand, further eroding oil companies» upstream revenu
Oil prices fell by another 24 % in the fourth quarter, as
global supplies continued to outstrip demand, further eroding
oil companies» upstream revenu
oil companies»
upstream revenues.
The total
global spend on
upstream oil and gas M&A reached $ 41.7 billion in Q3 2017.
Current
oil price levels reflect not only geopolitics but also bottlenecks in both
upstream and downstream capacities and are a risk to sustained
global economic growth.
Significant investments will be needed in the
upstream sector to meet
global demand for
oil and natural gas.
It finds that across the
oil and gas industry $ 2.3 trillion of
upstream projects — roughly a third of business as usual projects to 2025 — are inconsistent with
global commitments to limit climate change to a maximum 2 ˚C and rapid advances in clean technologies.
In partnership with the UN Principles for Responsible Investment (PRI) and 5 pension funds, Carbon Tracker's «2 Degrees of Separation» report found that across the
oil and gas industry $ 2.3 trillion of
upstream projects are inconsistent with limiting
global climate change to 2C — a finding subsequently echoed by the IEA.
Our model accounts for
global warming pollution generated both
upstream — ie, during
oil extraction, refining, and transportation — and downstream, when it's combusted in the vehicle's engine.
Through field - by - field analysis of production trends at 800 of the world's largest oilfields, an assessment of the potential for finding and developing new reserves and a bottom - up analysis of
upstream costs and investment, WEO - 2008 takes a hard look at future
global oil and gas supply.
In a first - ever detailed analysis of investment across the
global energy system, the International Energy Agency (IEA) said on Wednesday that
global energy investment fell by 8 % in 2015, with a drop in
oil and gas
upstream spending outweighing continued robust investment in renewables, electricity networks and energy efficiency.
The
Global Projects group includes our energy projects practice (representing sponsors in the development of
upstream oil and gas, LNG, pipeline, petrochemical, refinery and electric power projects, as well as in the acquisition and divestiture of interests in such projects), our project finance practice (representing both sponsors and lenders on energy and infrastructure projects), our energy regulatory practice (representing regulated entities; investors and customers / ratepayers of regulated entities, including electric generation, transmission and distribution; and LNG and natural gas production, gathering, transportation and distribution companies on U.S. federal and state regulatory and permitting issues), our real estate practice (representing developers and lenders on real estate projects, and acquisitions and divestitures of interests in such projects) and our international trade practice (representing clients in matters involving U.S. federal regulation of exports, imports, overseas investment and financial transactions).