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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility - Vimarsana News

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...

Fortnite Chapter 3 Leak Reveals Huge Dinosaur Under the Snow - Vimarsana News

Fortnite Chapter 3 Leak Reveals Huge Dinosaur Under the Snow

Fortnite Chapter 3 Season 1 is now upon us, and the flipped map is covered in a significant amount of snow. As the season goes on, that snow will melt, resulting in changes to the map. We've already seen leaks about the map's appearance under the snow, but it appears that it's also hiding [...]

Deepening Underinvestment in Hydrocarbons Raises Spectre of Continued Price Shocks and Volatility - Vimarsana News

Deepening Underinvestment in Hydrocarbons Raises Spectre of Continued Price Shocks and Volatility

Oil and gas investment will need to return to pre-COVID levels and stay there through 2030 to restore market balance and meet future demand.

23rd World Petroleum Congress ends on a high note - Vimarsana News

23rd World Petroleum Congress ends on a high note

The 23rd World Petroleum Congress program concluded strongly Wednesday, with high-level discussions on collaboration within the industry and the changes needed going forward, as well as special events including a discussion of Houston’s role in leading the energy transition.

Underinvestment in energy sector raises prospects of higher oil prices and volatility - Vimarsana News

Underinvestment in energy sector raises prospects of higher oil prices and volatility

Underinvestment in the hydrocarbons sector amid green transition efforts and changing government regulations could lead to higher oil prices and growing energy scarcity, according to a report by the International Energy Forum and IHS Markit. The total investment in the upstream sector of the oil and gas sector fell 23 per cent below the pre-coronavirus ...