Oil Investors Focused on Returns Over Growth Amid Energy Transition

摘要

Investors and banks prefer a stronger return on their investments and capital discipline rather than a push for the expansion of capital expenditure in the oil and gas industry as investor confidence comes back to the sector, panelists at the Oil & Money conference said Thursday. Investment sentiment for the oil and gas sector from lenders and project financiers has improved with oil prices at over $80 per barrel, but investors are more cautious in analyzing the rate of return before sanctioning the new projects needed by the industry in order to avoid a supply shortage in the long term.