IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. The report underlines concerns about the...