Deloitte: Oil & Gas Industry Could Have Highest-Ever Cash Flows and Become Debt-Free, Primed to Accelerate the Energy Transition
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Thursday, August 25, 2022
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Oil and gas producers could report highest-ever free cash flows, as much as $1.4 trillion, in 2022.
Key Points:
- Oil and gas producers could report highest-ever free cash flows, as much as $1.4 trillion, in 2022.
- Oil & Gas Industry Could Have Highest-Ever Cash Flows and Become Debt-Free, Primed to Accelerate the Energy Transition
Over the past ten years, the U.S. oil and gas industry has dealt with unprecedented cyclical changes. - ," examines how oil and gas companies can play a key role over the next decade in creating synergy between energy security and energy transition, while helping commercialize essential low-carbon technologies.
- Amy Chronis , vice chair, U.S. Oil, Gas and Chemicals Leader, Deloitte LLP
"Oil and gas companies are facing a readjustment in the broader energy market.