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Bookmark or Share- Oil and gas industry net-zero tracker - The World Economic ForumThe ability of oil and wholesale gas buyers to absorb a green premium of 7-10% remains untested at scale as low-emission oil and gas represents less than 1% of global supply. 468 A 10% increase in production costs leads to 3-10% green premium for end users. 469 Historically, the market has shown limited price elasticity of demand, indicating ...
- The oil and gas sector must reinvent itself. Here's one wayThe global oil and gas industry has faced difficult times before, but the situation it confronts in 2020 is unprecedented. The short-term outlook is complex, as the erosion of demand caused by the COVID-19 pandemic has staggered an already challenged industry.
- Oil and gas sector: lifecycle approach to reducing emissions | World ...The oil and gas industry is striving to minimize its own emissions as well as those from the entire life cycle of its products. Own emissions – scope 1 and 2 – are well understood and a lot of effort to eliminate them is ongoing, from eliminating flaring, through to eliminating waste, to fuel-switching and CCUS.
- Cyber-attack on the US oil and gas pipeline: what it means | World ...The increasing digitalization of critical infrastructure sectors such as oil and gas, and the associated industrial systems, is changing the nature of cyber risks. As digitalization drives growth and transition to net-zero emissions, the energy sector’s ecosystem has become increasingly decentralized and complex.
- Which economies are most reliant on oil? - The World Economic ForumThis chart shows countries by their dependence on exports of fuel commodities, which include natural gas and coal, as well as oil and oil products. Saudi Arabia is ranked 11th. Countries where fuel accounts for more than 90% of total exports include Algeria, Azerbaijan, Brunei Darussalam, Iraq, Kuwait, Libya, Sudan and Venezuela.
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