What’s on upstream leaders’ minds?

AI Summary

Upstream oil and gas executives, investors, and bankers expressed renewed confidence at meetings in London, following years of subdued sentiment. The article attributes part of the sector’s improved outlook to large financial gains linked to global conflict, with upstream and integrated companies expected to reap at least $700 billion.

Upstream has a new lease of life. Meetings with industry leaders, investors and bankers in London last week revealed a confidence that’s been hard to detect for a decade or more. The massive financial windfall from global conflict is certainly part of it. Upstream and integrated companies will collectively reap at least US$700 billion of ...