Webinar: Oil and Gas Scenarios: Surviving the Energy Transition

The oil and gas (O&G) industry is the cornerstone of our global energy system. However, the world is moving away from fossil resources. The International Energy Agency's net-zero scenario shows oil demand peaking in 2025 and declining sharply after that — by 2030, oil demand will already be 30% lower than in 2019. This transition presents a significant challenge to the O&G sector. To remain attractive for investors, the industry must protect its current revenue and earnings, which means it will still have to invest in incumbent assets. But that won't be enough. O&G companies must also take action to secure a profitable and significant role in the future energy system. To retain its dominance in the energy sector, O&G clearly will have to invest in renewable energy. However, controlling the supply chain will be much more complex for O&G companies as demand for energy carriers keeps diversifying. In this webinar, we will present five distinct strategies that O&G companies can adopt to remain dominant in energy while meeting their goals of carbon neutrality.