Awareness about recent developments is one of the prerequisites to yielding optimum returns from oil and gas investments. Even after planning everything to perfection, you need to keep a close eye on the various geopolitical dynamics that affect the oil and gas industry. While you can always count on an investment partner such as FIG Tree Capital Ventures to guide you in the right direction, you should also stay abreast with the latest oil and gas updates. On that note, we present the latest factors favoring oil and gas investments in this blog post.
Production is at its Peak in OPEC Countries
Saudi Arabia indicated that OPEC and the allies are producing as much oil as needed to meet global demand and avoid any shortage. Khalid Al-Falih, The Energy Minister, Kingdom of Saudi Arabia, recently said that the US oil and gas industry is witnessing a significant increase in investments, making it easier to boost production. It is therefore the right time for Investors who are looking for promising oil and gas investments to make a move.
Abundant Norne Oil Field
Equinor, pairing with partners ENI and Petoro, is expecting the wells in the Norne oil field to produce 50 to 70 million barrels of oil. Equinor operates the Norne oil field in the Norwegian Sea, and claims that the field hides some subsurface gifts that can boost oil production even more than the current production. An increase in production will open up more investment opportunities for individuals looking for high long-term returns.
Defined Rules and Regulations
Refining companies now have final National Emissions Standards for Hazardous Air Pollutants (NESHAP) and New Source Performance Standards (NSPS) amendments issued by the US Environmental Protection Agency. The rules and regulations are expected to stabilize the oil and gas industry, making the sector an ideal ground for investors who are looking to make high-value investments.
Looking at some of the latest updates, it’s evident the oil and gas industry is on an upswing and is expected to only improve in years to come. The only challenge is identifying oil and gas investment opportunities that hold a strong potential for sizeable, long-term returns. This is where FIG Tree Capital Ventures can help. Our investment consultants have years of experience in identifying profitable oil and gas investment opportunities. To learn more about our existing investment projects, click here. If you have any other questions, you can fill out our contact form or simply call (866) 545-1225.