Oil and gas companies have recovered from the 2020 crisis with bumper cash flows in 2021 and are looking towards 2022 with more cash on hand to increase shareholder distributions and prepare for the energy transition. In 2022, the oil and gas industry could be up for a transformational year in terms of both preparedness to continue the decarbonization drive and rewarding the shareholders of the sector that has seen poor returns since the previous crisis in 2015-2016.
Strategic choices in investment in clean energy solutions,…Where Will The Oil Industry Spend Its Money In 2022?
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