top of page
Search

Future of Oil Isn’t Set in Stone

Each scenario differs greatly based on a variety of factors: 

The Evolution scenario assumes the ongoing development of global energy markets within the framework of the current international energy policy and national programs, considering existing technological capabilities.

The Equilibrium scenario is said to be based on a balance between achieving climate goals and economic development.

The Transformation scenario is said to assume a radical restructuring of global energy and industry as well as carbon neutrality of the leading economies by 2050.

Read the rest on Rigzone.

 
 
 

Recent Posts

See All
Random Acts of Safety in the Workplace

EHS Today recently published an article titled  Random Acts of Safety.  It came at the end of a challenging year for organizations navigating a pandemic, the Great Resignation, supply chain issues, an

 
 
 
Does an Oil and Gas World Market Exist?

We often speak of oil and natural gas in one phrase, as if it is one commodity. In reality, they are two separate commodities. Their different characteristics may very well lead to different answers t

 
 
 

Comments

bottom of page