Exploration under pressure as energy transition gains steam

THE upstream oil and gas sector will continue to face increasing pressure this year from renewable energy developments and sweeping policy changes as the energy transition continues.

Exploration under pressure as energy transition gains steam Exploration under pressure as energy transition gains steam Exploration under pressure as energy transition gains steam Exploration under pressure as energy transition gains steam Exploration under pressure as energy transition gains steam

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Wood Mackenzie analyst Alana Tischuk warned industry this week that while capital discipline and portfolio high-grading was of key importance, the shift towards a low-carbon world posed a