Introduction
The oil and gas industry continues on its course for significant transformation in the coming years, having to strike a balance between the energy transition, energy security and energy affordability. With company financial conditions markedly improved thanks to higher oil and gas prices over the past few years, there is greater capital flexibility to pursue strategies to that will not only advance a more resilient upstream portfolio but will also reward shareholders and facilitate decarbonization. How are oil and gas companies now choosing to allocate capital, manage portfolios and position themselves for a lower carbon future? In this discussion we will look at how these themes play out globally and in Latin America specifically. It will include topics related to upstream and low-carbon M&A trends, upstream transformation strategies, and capital investment trends.
