Bonanza: 30 oil and gas projects costing $125 billion lined up for sanction in 2024, says report

Wood Mackenzie estimates that up to 30 projects could be approved this year, holding potential resources of 14 billion of barrels of oil equivalent

Wood Mackenzie forecasts $125 billion will be invested in major oil and gas projects in 2024.
Wood Mackenzie forecasts $125 billion will be invested in major oil and gas projects in 2024.Photo: AP/SCANPIX
Published 14 March 2024, 14:08Updated 14 March 2024, 14:08