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Dispelling energy transition myths and barriers to accelerated progress

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The oil and gas industry is quickly reaching an inflection point. While there is broad consensus on the inherent value in decarbonisation and a pivot to renewable sources, taking such action has moved from an option to a strategic imperative in order to maintain a social licence to operate.

The oil and gas industry is quickly reaching an inflection point. While there is broad consensus on the inherent value in decarbonisation and a pivot to renewable sources, taking such action has moved from an option to a strategic imperative in order to maintain a social licence to operate.

Once facing a one-dimensional path to value creation, O&G companies now manage a broad array of stakeholders calling for action on carbon reduction and long-term conversion.

The oil and gas industry is quickly reaching an inflection point. While there is broad consensus on the inherent value in decarbonisation and a pivot to renewable sources, taking such action has moved from an option to a strategic imperative in order to maintain a social licence to operate. Once facing a one-dimensional path to value creation, O&G companies now manage a broad array of stakeholders calling for action on carbon reduction and long-term conversion.

Source: https://www.energyvoice.com/

About the authors

Aoife Murphy