Higher oil prices, Russian sanctions may not drive long-term project investment

[caption caption="An AAL A-class multipurpose ship discharging modules for an industrial project. Credit: AAL"][/caption]Elevated crude oil prices in the wake of the Russia–Ukraine war will drive a short-term increase in the oil-and-gas capital…

[caption caption="An AAL A-class multipurpose ship discharging modules for an industrial project. Credit: AAL"][/caption]Elevated crude oil prices in the wake of the Russia–Ukraine war will drive a short-term increase in the oil-and-gas capital expenditures that fuel the project logistics sector, but decarbonization efforts will dampen long-term investment, according to Jim...