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Oil and Gas
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Global Issue
Industry
Economy
4th Industrial Revolution
Global Issue
Industry
Economy
4th Industrial Revolution
Oil and Gas
Explore context
Oil and Gas
How can the oil and gas sector help in the drive to build back better?
COVID-19 and investor demands are driving change in the oil and gas sector. Here are three ways the industry can play its part in the Great Reset.
Oil and Gas
World has already passed ‘peak oil’, BP figures reveal
A new report from BP has shown that the world has already passed “peak oil” demand, and that demand for it could fall as much as 50% over the next 20 years.
Oil and Gas
Reinventing the oil and gas industry: compounded disruption
The oil and gas industry is facing unprecedented challenges in 2020 – but the responses the industry has deployed in the past may not be sufficient today.
Decarbonizing Energy
This is BP's plan to become a renewable energy powerhouse
BP plans to cut its oil and gas output by 40% by 2030 and spend $5 billion a year on low-carbon projects, to become one of world's biggest green power producers.
Climate Change
Rising CO2 levels could have 'very severe' global impact, according to the latest research
A study looks at how much global average temperatures will increase by in the long-term following a doubling of carbon dioxide concentrations.
Oil and Gas
12 reasons why gas should be part of Africa's clean energy future
Blocking funding for gas energy projects in Africa could hinder countries' development and the transition to clean energy. Here are a dozen reasons why.
Decarbonizing Energy
Why the oil industry has less time to decarbonize than it might think
Demand for oil is falling, and investors are turning away from the sector. Here's how companies can turn this risk into a long-term business opportunity.
Oil and Gas
Global oil demand and CO2 emissions may have peaked last year
Growing scepticism about long-term oil demand in a post-coronavirus world is putting pressure on big oil companies to change how they do business.
COVID-19
This is how the drop in oil demand compares to previous recessions
The effects of COVID-19 on commodities has been dramatic, with oil prices plunging and demand predicted to drop more than ever before.
COVID-19
COVID-19 is an opportunity for a sustained recovery in the Arab region
The Arab region is reeling from the shocks of COVID-19 and the fall in oil prices - but this crisis offers states a chance to build economies fit for the future
COVID-19
As coronavirus shocks the energy sector and economy, is now the time for a new energy order?
COVID-19 and the subsequent collapse in oil prices have created an opportunity for unprecedented global collaboration on a sustainable energy transition.
COVID-19
What the future may hold for oil amidst COVID-19
As demand for oil reaches an all-time low, many countries are shutting down production as there is nowhere left to store it.
COVID-19
Oil crash explained: How are negative oil prices even possible?
As lockdowns forced factories to close and people to stop travelling, global demand for oil has reduced by 29 million barrels a day.
COVID-19
Coronavirus: US oil has dropped to below $0 dollars a barrel. Here's what it means
The price of crude oil has reached a record low - caused by a surplus in supply and a significant drop in demand, due to the coronavirus pandemic.
COVID-19
Oil prices could remain depressed for at least a year. Here's why
The double shock to oil markets of coronavirus and an international price war could keep prices low for many months - but there may be a silver lining.