APPEC: Asian upstream players to focus on oil, gas producing assets amid energy transition

Asian upstream players will prioritize purchasing stakes in oil and gas producing assets amid pressure for shorter-term returns alongside uncertainties over the global energy transition, industry executives said during a panel discussion at S&P Global Commodity Insights’ APPEC 2024 conference in Singapore. “Because of the energy transition, there is a scramble for developing countries discovered resources because everybody wants to…Asian upstream players will prioritize purchasing stakes in oil and gas producing assets amid pressure for shorter-term returns alongside uncertainties over the global energy transition, industry executives said during a panel discussion at S&P Global Commodity Insights’ APPEC 2024 conference in Singapore. “Because of the energy transition, there is a scramble for developing countries discovered resources because everybody wants to…Read More