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  1. Sep 24, 2022 · The oil and gas industry gives proven reserves a 90% certainty of being produced (also known as P90). The industry gives probable reserves a 50% certainty (P50), and possible reserves just a 10% ...

    • Rebecca Mcclay
  2. Dec 1, 2023 · The 2024 oil and gas industry outlook explores five trends and industry drivers that are expected to play an important role in shaping the strategies and priorities of O&G companies in the upcoming year: Energy transition: Prudently allocating capital and effectively executing clean energy policies.

  3. Jan 24, 2024 · Given the fact that it accounts for around 10 percent of global greenhouse gas emissions, the oil and gas industry can play an important role in reducing emissions, mostly notably in methane reduction, which represents around 45 percent of all oil and gas emissions globally and generates a temperature impact that is 80 times higher than CO2 ...

  4. Aug 11, 2022 · The industry struggled over the past decade as its overinvestment in fracking contributed to a global glut of oil and gas, depressing prices. In early 2020, global energy prices collapsed as COVID ...

    • Lindsay Maizland
  5. Sep 12, 2023 · Snapshot of global oil supply and demand: March 2024 April 24, 2024 - Our dashboard explores key short-term signposts impacting oil demand, supply, and prices.

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  6. Mar 17, 2021 · World oil markets are rebalancing after the Covid 19 crisis spurred an unprecedented collapse in demand in 2020, but they may never return to “normal”. Oil 2021, the IEA’s latest medium-term outlook, explains why. Rapid changes in behaviour from the pandemic and a stronger drive by governments towards a low-carbon future have caused a ...

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  8. Jan 11, 2024 · To accelerate decarbonized development, oil and gas companies will need to adopt both more holistic views of their ecosystem, and more collaborative ways of working with their value chain, from suppliers through the customers of their customers. A shorter version of this article was originally published by Hart Energy on January 10, 2024.

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