The oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to reducing greenhouse gas emissions.
The core question, against a backdrop of rising GHG emissions, is a relatively simple one: should today’s oil and gas companies be viewed only as part of the problem, or could they also be crucial in solving it?
Some large oil and gas companies are set to make a switch to “energy” companies that supply a diverse range of fuels, electricity and other energy services to consumers.
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