Japan Petroleum Exploration believes that the U.S. is currently the most attractive destination for oil and gas investments.
Japan Petroleum Exploration Japex believes that the U.S. is currently the most attractive destination for oil and gas investments, regardless of the political risk with the presidential election later this year.
In May 2022, Japex said it would invest approximately $500 million from 2022 to 2024 to develop tight oil interests in the southern United States which have already been acquired and interests to be acquired later this year. The most recent political risk for energy development in the United States came from the Biden Administration’s decision at the end of January to pause all pending decisions on U.S.
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