Oil and gas sector resilience being tested like never before

Supply chain costs and wage inflation pile further pressure on upstream players

Steel plants such as this one in Spain have stopped production temporarily due the costs of electricity, a global problem that has led to a shortage of supplies in the E&P sector and higher costs
Steel plants such as this one in Spain have stopped production temporarily due the costs of electricity, a global problem that has led to a shortage of supplies in the E&P sector and higher costsPhoto: AFP/SCANPIX
Published 12 November 2021, 00:00Updated 12 November 2021, 00:00