Oil & Gas
Oil & Gas Giants Brace for Leaner 2026 Budgets: A Shift Towards Discipline and Potential Supply Squeeze
Oil and gas companies are poised for a year of fiscal conservatism in 2026, as Wood Mackenzie forecasts smaller capital budgets, signaling a strategic pivot towards financial strength and shareholder returns over aggressive growth. This anticipated reduction in capital expenditures could have profound implications for future global oil and gas