Outlook Live: Governments key to unleashing O&G transition effort
Regulators must provide a stable framework for oil and gas companies to invest, if their expertise is to be fully utilised
The oil and gas industry can make a critical contribution to the energy transition but will be able to do so only if governments provide a conducive investment environment, industry experts agreed at a PE Live event. Transition business models and the challenges associated with financing them were the main topics discussed by the panellists at the first event held to celebrate the launch of Outlook 2021, in association with law firm White & Case. The second leg of the virtual conference is on Thursday. “How do we continue to provide safe, reliable energy, with ever-increasing energy demand and the pressures of [reducing] carbon emissions,” said David Hemmings, VP of business development
Also in this section
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation