Innovation to transform the energy future
Digitalization enables oil and gas operators to transition to a new energy ecosystem
The realization that fossil fuels are a limited resource, however long supplies might last, and the growing awareness of the negative impact that their emissions have on the planet, has impacted every oil and gas major. Extreme weather conditions, such as those experienced during the summer of 2018, leading to heat waves, forest fires and torrential rainfall, all contribute to the urgency to improve the energy ecosystem. These companies have now issued their own “energy transition” strategies that outline plans to migrate their core business to new energy sources between now and 2040. “It is important to stress that it’s the carbon dioxide and methane emissions that have a negative impact on
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






