Top Headlines: World Economy Headed For A Recession In 2023

Here are some of Rigzone’s top stories during the last week, just in case you missed them…

World Economy Headed For A Recession In 2023

The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause several economies to contract, according to the Centre for Economics and Business Research, Bloomberg reported.

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Big Oil Investors Calling For More Aggressive Climate Targets

Bloomberg noted that investors with combined assets of $1.4 trillion have demanded the world’s biggest oil companies take swifter action to cut greenhouse gas emissions.

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Canada Drops 100+ Rigs

Canada dropped 103 rigs week on week, according to Baker Hughes’ rotary rig count published on December 22.

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Robots Will Be Oil and Gas Industry Growth Engine

Robots will be the oil and gas industry’s growth engine, according to data and analytics company GlobalData.

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Analyst Quotes Mike Tyson to Describe Energy in 2022

A famous line from ex-boxer Mike Tyson has never been more applicable than in the energy industry in 2022, according to a new market note from Rystad Energy CEO Jarand Rystad.

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Oil Cos Could Turn Wastewater Into Revenue Stream

Exploration and production companies could turn wastewater into a revenue stream by leveraging direct lithium extraction, according to a new Enverus Intelligence Research report.

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To contact the author, email andreas.exarheas@rigzone.com