(Offahore-energy.biz) The shifting sands of time are bringing winds of change to the global energy landscape in a bid to make it more sustainable, so that, the climate change woes can be tackled before time runs out. This has spurred decarbonization over the years, imbuing it with greater vigor. However, these efforts are not yet on a grand enough scale to usher in a clean energy future required for net zero aspirations. While offering its predictions for 2024, Wood Mackenzie, an energy intelligence group, has outlined several key themes to watch in global and corporate upstream sectors.
The concerns regarding energy security serve as both an impetus to accelerate green energy deployment and also as an impediment since the same argument is used to extend the lifetime of fossil fuels. Within its ‘What to Look for in 2024’ upstream series, Wood Mackenzie claims that the key themes to watch out for encompass continued consolidation in the oil and gas industry, increased activity from National Oil Companies (NOCs), reversing decarbonization gains, shifts in strategic playbooks, and an upstream investment plateau.
For full article read: https://www.offshore-energy.biz/woodmac-are-shifts-in-energy-policy-on-the-cards-for-oil-gas-ecosystem-and-which-forces-will-be-at-play-in-2024/
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