Why the world's cheapest oil is now its riskiest investment, with Olga Savenkova and Schreiner Parker

Join us for our annual Summits in Singapore, Houston and London: https://rystad.info/4vj3TTeLet’s Talk Energy and examine how, despite being an intensely competitive business, oil and gas is also a team sport. Companies frequently partner with others to gain access to new resources, spread risk and add specialized expertise.  For years, there was a standard playbook for how different types of companies – big Western supermajors or giant national oil companies and everyone in between – would think about who they would partner with, where they would do it and why.  Now that playbook is changing, driven by trends as diverse as rising geopolitical competition, more resilient oil and gas demand, increasing capabilities among national oil companies and demands from public investors that public players turn a tidy profit, even in tough times.  How are the needs and abilities of national oil companies and Western players changing as they evolve? Is the war in the Middle East shifting the calculus of the region’s national oil companies when it comes to bringing in outside investors or its attractiveness to international players?  Finally, what does this mean for how companies think about pairing up to secure not just the reserves they need but also the ability to produce them? Related Analysis TotalEnergies overcomes Middle East disruption, looks to Namibia (clients only) Mideast war puts Vaca Muerta's million-barrel promise in the spotlight (available to non-clients) Special Report: The Majors' Portfolio Investments (clients only) Kazakhstan expands exploration push with 30-plot auction as international interest grows (available to non-clients) Hormuz outage hits production but soaring prices support company cashflows (clients only) One NOC grew 70%. Another lost 17%. What separates the winners from the rest? (available to non-clients) Majors’ LNG growth aspirations hang in the balance as Hormuz crisis deepens (clients only)  Related Episodes How Malaysia is looking to seize its upstream opportunity How the Middle East war is reshaping Asia’s upstream strategy, with Prateek Pandey Non-OPEC+ oil growth finds its engine in South America, with Radhika Bansal How oil majors are appealing to investors with Olga Savenkova  Let’s Talk Energy is a Rystad Energy Production.    Produced by Elliot Busby & Både Og.    Executive producers: Noah Brenner, Elliot Busby, Evodie Fleury-Greaker & Erik Means.    Follow us on:   LinkedIn    YouTube    Instagram    X