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IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.

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IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

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OPEC Demands Consistency After Another IEA U-Turn

OilPrice

This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Egypt, Global Energy Leaders Hold Talks on Field Development, Production, Investments at CERAWeek 2025

Egypt Oil & Gas

The meeting further tackled Baker Hughes role in enhancing technological progress in the oil and gas sector, as well as providing advanced engineering and technical solutions for deepwater offshore fields.

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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.

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Capturing the next frontier of value: Operating models for oil and gas fields of the future

McKinsey

As the global energy transition accelerates, upstream operators must modernize and shift to more economic operating models. Where and how should they seek the next generation of efficiency gains?