Oil,gas companies face growing pressure to address climate concerns

摘要

Amid pressure to go green,institutional investors say having energy transition plans is not enough for oil and gas companies; clarity is needed,targets must be hit and low-carbon ventures must create value,according to analysis of results of Boston Consulting Group's(BCG) latest survey of oil and gas investors.Near-term optimism was abundant,however,when it came to expectations for robust oil prices.About 70% of the respondents believe Brent will stay above $60/bbl through 2024,up from projections between $40/bbl and $60/bbl in BCG's 2020 survey.