16.02.2016 - Oil and gas industry should prepare for low-carbon energy transition, warns PwC
Industry needs to look beyond current crisis of low prices and consider long-term implications of low-carbon energy transition, new report argues. Oil and gas companies need to see past the current problems caused by low commodity prices and focus on the wider mega-trends that will reshape the future of the energy industry in the long term, according to a report released today by consultancy giant PwC. The report argues that while oil and gas will continue to play a "vital" role in any future energy system as global consumer demand for reliable and affordable energy supplies increases, firms must reconsider their portfolios in the face of growing pressure to decarbonise...............................................Full Article: Source
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