Shifting strategic imperatives of the oil and gas industry | World ...
2021年7月5日 · According to Accenture, three different portfolio strategies could emerge: 1. The Oil & Gas Specialist, where companies double down on cost and operational excellence, while reducing carbon intensity. This path is likely to be chosen by national oil companies and some exploration and production independents. 2.
Oil and gas sector: lifecycle approach to reducing emissions
2021年8月25日 · The future of the oil and gas industry depends on its ability to manage its carbon footprint. Reducing emissions across the supply chain, from production to consumption, requires collaboration between industry and government. We need a consumer-centered strategy to tackle scope 3 emissions which constitute 75-80% of lifecycle emissions.
Why oil prices matter to the global economy - an expert explains ...
2022年2月16日 · However, it is probably safe to say that there are three key underlying reasons: 1. Booming economic growth driving demand for oil. Two years ago when COVID-19 started, there was a plunge in economic activity and oil demand. Producers were adjusting production levels, but there is only so much one can do without destroying reservoirs or capital.
Future of Oil & Gas - The World Economic Forum
2016年4月20日 · The World Economic Forum’s Global Agenda Council on the Future of Oil & Gas considers strategies that can be deemed to be robust for the oil and gas industry in a future 2°C world towards 2040 as well as most alternative futures. The council is not advocating or opining on the “realism” or likelihood of any given scenario, but considers ...
We can end routine gas flaring by 2030. Here's how
2021年2月23日 · The future of routine gas flaring hangs in the balance – but we can end it by 2030. We are now less than a decade away from the goal of Zero Routine Flaring by 2030, an ambition that sits at the nexus of climate change mitigation and energy policy. Developed by the World Bank and launched in 2015 by the UN, World Bank and several governments ...
What to do with ageing oil and gas platforms - The World …
2024年4月2日 · The World Economic Forum’s Fostering Effective Energy Transition 2023. ranks 120 countries, including oil and gas-producing economies, on their energy systems. Oil and gas platforms are immense – and so is the challenge of decommissioning them – withdrawing them from use. There are 12,000 offshore oil and gas platforms around the world ...
Strengthening cybersecurity in oil and gas | World Economic Forum
2023年1月19日 · The Cyber Resilience in Oil and Gas initiative is a programme that brings together a multistakeholder community of more than 100 senior executives and practitioners from the oil and gas and ICT industries. By involving a diverse group of stakeholders from multiple industries, the initiative aims to foster collaboration and information sharing.
How does the war in Ukraine affect oil prices?
On 24 February 2022 Russia launched a military invasion on Ukraine. Already inflated oil prices have since skyrocketed to over $110 per barrel. An expert discusses the impact on energy prices and the energy transition. Two weeks ago when oil prices were approaching $100, Maciej Kolaczkowski, Manager Oil and Gas Industry from the World Economic ...
Oil and gas industry net-zero tracker - The World Economic Forum
2023年11月28日 · Methane emissions increased by 4% from 2020 to 2022 due to recovering oil and gas demand, 447 but 150 countries have pledged to reduce them by 30% below 2020 levels by 2030 under the Global Methane Pledge. 448. Flaring emissions have dropped by 3% between 2020 and 2022, with a 12% reduction in flaring intensity (flared volume per barrel of oil ...
5 key climate metrics for the oil and gas sector's next 5 years
2020年11月2日 · For upstream, a target of 0.20% by 2025 backed by real emissions data is the gold standard. 2. Zero routine gas flaring. Routine flaring of natural gas, a practice as wasteful and unsightly as it is polluting, should be a thing of the past. The key metric is flaring intensity, which varies hugely across industry today.