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Oil giants such as Shell say they are still willing to invest in Middle Eastern oil and gas resources.

Oil giants such as Shell say they are still willing to invest in Middle Eastern oil and gas resources.

智通财经智通财经2026/10/08 04:26
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According to the Financial Times, despite chaos, destruction, and production disruptions caused by the Middle East conflict, major global oil companies remain focused on the long term and are striving to secure access to the region’s vast oil and gas reserves. This week, executives from Shell, BP, TotalEnergies, ConocoPhillips, and Chevron all expressed their willingness to invest in this highly productive oil and gas region, noting that its abundant reserves and low extraction costs make its value sufficient to offset the accompanying high risks.

According to the Financial Times: Despite the chaos, destruction, and production disruptions caused by the war in the Middle East, major global oil companies remain focused on the long term, aiming to access the region's vast oil and gas reserves. This week, executives from Shell, BP, TotalEnergies, ConocoPhillips, and Chevron expressed their willingness to invest in this world's most productive oil and gas region. They highlighted that the area's abundant reserves and low extraction costs are valuable enough to offset the associated high risks.
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