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19 February 2020 In a shifting landscape, do you stand your ground or leap forward? The oil and gas industry and its investors are re-examining the value of oil and gas assets as a shift to low/no-carbon energy approaches. A global consensus is forming among world leaders and citizens that climate action is necessary, and the push to decarbonize energy is pervasive and prominent. However, the current pressure has yet to manifest in reduced oil consumption. EY's Fueling the Future project examines the role of oil and gas in various energy transition scenarios, reflecting a wide range of outcomes. An EY article provides details. Document ID: 2020-5248 |