Energy & Sustainability
While developments of the conflict in Ukraine are uncertain, today’s decisions could impact the long-term energy transition and path towards decarbonization.
Renewables are projected to account for 80 – 90% of power generation globally by 2050. Share of renewables in the power mix is projected to double in the next 15 years. Oil demand could peak in the next two to five years. Transport and new industrial uses could drive two-thirds of hydrogen demand growth to 2035. (McKinsey)
Total
Harry Tchilinguirian
Director Oil Market Analytics and Research
Growth in oil demand in the future will come outside of the OECD, mostly from the large Asian economies that are China and India. Large state-owned companies like Saudi Aramco are looking beyond simply securing long-term supply contracts with consumers for their oil. They are deepening the integration of their supply chains.
Agenda 2030 - driving continued revenues in global hydrocarbons
The hydrocarbon sector faced renewed challenges in 2020. The new decade began with fears about the impact of the coronavirus, the China-US trade deal and tensions in the Middle East. Massive new regulations reducing ship emissions also came into force.
Sustainability and Cybersecurity: The Unexpected Dynamic Duo of the Energy Transition
Sustainability and cybersecurity are rarely mentioned in the same sentence. Sustainability is tangible. By contrast, nearly all cybersecurity solutions fall into the background of our daily lives.
Global Energy Perspective 2022
The global energy landscape has been impacted by increased market uncertainty due to the conflict in Ukraine. Already before the conflict began, the rebound in energy demand triggered supply constraints and price spikes for multiple commodities. Additionally, the long-term shift to low-carbon energy systems continues to gain momentum and has been accelerating in several respects.
These 9 technological innovations will shape the sustainability agenda in 2019
With a new year, we’re taking a fresh look at where sustainability is headed globally. What technologies will drive the global discussions, and moreover, which will have the greatest impact in 2019?
Harnessing volatility: Technology transformation in oil and gas
Digital technologies can help oil and gas CEOs and leaders cut costs, boost output, and reduce carbon emissions.
The circular economy is vital for the energy transition
Reaching net zero requires a remake of the energy system. It will mean accomplishing what seems unimaginable, like entirely phasing out the internal combustion engine or adding the equivalent of the world’s largest solar farm every single day. The circular economy – a system which aims to get the most out of materials, keep products and materials in use and design them to be cycled back into the economy and eliminate waste – will be vital.
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