Our Take: The Greatest Barrier

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
William Potter/Shutterstock

The oil and gas industry is taking an increasingly passive approach to the energy transition — with potentially detrimental consequences for society and its own future. Executives are right to note they cannot move ahead of shifts in demand or sacrifice returns, but that cannot be an excuse for inactivity regarding market development. In our view, proactive partnerships with early adopters willing to pay “green premiums” and alliances with new industries to develop end-use markets must become leading strategic priorities.

Corporate Strategy , ESG
Wanda Ad #2 (article footer)
India's leading oil companies have a lot of work ahead to translate broadly government mandate-driven directives into real-world decarbonization investments, but near-term plans are coming into view.
Tue, Sep 26, 2023
The heads of the IEA, ECB and EIB discussed how Europe can avoid falling behind its competitors in the transition to low-carbon energy.
Fri, Sep 29, 2023
The move will revert ownership of the block to small independents Ratio Guyana and Cataleya Energy, with Ratio expected to take over operatorship.
Fri, Sep 29, 2023