Bonanza: 30 oil and gas projects costing $125 billion lined up for sanction in 2024, says report Posted On: March 14, 2024 Posted By: admin Comments: 0 Wood Mackenzie estimates that up to 30 projects could be approved this year, holding potential resources of 14 billion of barrels of oil equivalent Wood Mackenzie forecasts $125 billion will be invested in major oil and gas projects in 2024.Photo: AP/SCANPIX