Markets eyeing oil and gas industry's approach to energy transition process

摘要

OPINIONS are divided over the role of oil companies in the energy transition process. At one end of the spectrum, there is such opprobrium for big oil that opponents would deny dyed-in-the-wool hydrocarbons producers any place in the future energy matrix. At the other end, forward-looking oil companies believe their experience with applied research and long-term project development offer the most intelligent route to transition. Among the oil companies, there are broad differences between those wanting to phase out fossil fuels and those focused on reducing carbon intensity or carbon credits.