Cash-rich oil and gas sector eyes next investments

The industry might be poised to spend significant sums on low-carbon projects

The rest of this decade will be crucial for the oil and gas industry. Globally, the energy complex now faces looming questions around access, sustainability, security, affordability and the necessary transition to a low-carbon future. At the same, time oil and gas companies are now—after years of disruptions—seeing record cash flows that could help solve some of those problems. The experts at Deloitte, in partnership with Petroleum Economist, discussed these issues in a recent webinar, titled Striking the balance: How and where will oil and gas companies deploy their cash?, where they talked about the status of the oil and gas industry and laid out various scenarios for the sector’s next pha