Friday, September 26, 2025
Decline in global oil and gas field output accelerating, IEA says- oil and gas 360

Decline in global oil and gas field output accelerating, IEA says

(Investing) – LONDON – The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat. The IEA, which advises industrialised countries, is under fire from U.S. President Donald Trump’s administration for a