Energy transition to take center stage for oil industry

摘要

Amid uncertainty in commodity prices and global economic conditions, 71% of senior oil and gas professionals expect to maintain or increase investment in decarbonization, which marks a sharp increase compared to 2019 levels, according to a new study by DNV GL. Despite a push in low-carbon investments, the overall optimism for industry growth has slightly weakened this year, according to another key finding of the study. While two-thirds (66%) of senior oil and gas professionals are confident of industry growth in 2020, this is down 10 percentage points from the 76% recorded in 2019, the report stated.