Oil & Gas Upstream Market Size, Share, Industry, Forecast and outlook (2024-2031) Market Dynamics
Declining investments in Oil and gas explorations will further affect the growth in the market over the forecast period to 2026.
Increasing environmental concerns will impact the industry in the long term. After the 2016 Paris agreement, World Bank announced it would no longer finance upstream oil & gas after 2019.
The upstream market is highly regulated and impacted by...