Insight
Global upstream: 5 things to look for in 2024
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to 2024. Energy policy will continue to be a frontline issue, exposing wide divides in countries’ transition strategies. Most operators have little influence on these externalities, but will seek to mitigate their impact by focusing on efficiency, sustainability and concentration risk.
Table of contents
-
Executive summary
- 1. Upstream investment will plateau
- 2. Project delivery will test supply chain relationships
- 3. M&A will focus on scale, improving asset performance and diversification
- 4. Some decarbonisation gains will reverse in 2024
- 5. US Lower 48 oil supply will enter a new type of growth phase
- What to look for in 2024 – a regional upstream series
Tables and charts
This report includes the following images and tables:
-
Upstream investment by statusUpstream investment by regionAnnual emissionsLower 48 annual oil growth rates
What's included
This report contains:
Other reports you may be interested in
Insight
Global Upstream: 5 things to look for in 2017
We assess the 2017 prospects for the E&P sector, focusing on investment, costs, fiscal policy, production and exploration.
$1,350
Insight
CCUS: 5 things to look for in 2026
We highlight the five key themes to look out for in 2026
$1,250
Insight
CCUS: 5 things to look for in 2025
We highlight the five key themes to look out for in 2025
$1,250
