According to data from industry consulting agency Wood Mackens, in the first half of this year, the market spent more than 32 billion US dollars to acquire natural gas extraction projects, the highest in more than ten years. This boom in acquisitions, compounded the Middle East conflict, has also boosted the valuation of natural gas assets in other regions such as North and South America. On the one hand, investors are urging large energy companies to increase upstream production; on the other hand, the Gulf Oil Company is seeking overseas expansion.

According to data from industry consulting agency Wood Mackens, in the first half of this year, the market spent more than 32 billion US dollars to acquire natural gas extraction projects, the highest in more than ten years. This boom in acquisitions, compounded the Middle East conflict, has also boosted the valuation of natural gas assets in other regions such as North and South America. On the one hand, investors are urging large energy companies to increase upstream production; on the other hand, the Gulf Oil Company is seeking overseas expansion.