In an era of energy transition and capital discipline, North American oil and gas production remains resilient and continues to surpass expectations while also reshuffling the world’s energy markets. What are the growth factors that forecasters have been underestimating? Where does output go from here and how long can growth continue for this mature market? What are the drivers of the future, where is there still upside, and what pitfalls may lie ahead?
The involvement of oil and gas companies, including National Oil Companies (NOCs) that account for about 50% of the world’s oil and gas production, in decarbonization efforts will greatly impact advancement toward global climate goals. Climate advocates must increasingly consider the wide array of developmental challenges the energy transition poses to both International Oil Companies (IOCs) and NOCs, including producing countries where their NOCs play a key role in achieving progress. Meanwhile, oil and gas companies, and the governments of countries in which they operate are grappling with markets evolving toward a more diversified energy mix, and a mandate to decarbonize. Action toward a lower carbon profile is now a prerequisite to secure long-term strategic positioning and energy security. How do companies adopt their strategies for future success? What are the pathways to increase energy production, security with a lower carbon footprint?
S&P Global experts present their latest research and discuss topics on energy transition, energy security and trends shaping the global economic and energy landscape.
In this session, S&P Global experts will discuss the highlights and key takeaways of the week.