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Lathrop GPM Oil & Gas Market Update
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This year’s annual report, “2025 Oil and Gas Outlook and Trends,” identifies three major developments expected to shape the industry in the year ahead. Lathrop GPM surveyed 100 U.S.-based O&G executives in October 2024 on their expectations for the sector next year.
The O&G industry faces an increasingly complex business landscape, be it anticipated regulatory shifts under a second Trump administration, the rapid adoption of new technologies or ongoing pricing hurdles. It’s no surprise, then, that respondents’ top three concerns for the year ahead were operational efficiency and cost management issues (52%), regulatory and compliance pressures (52%), and pricing pressures (50%).
A snapshot of the report’s three key areas to watch includes: