Accenture predicts low-carbon technologies will reshape oil industry

James S Murray
clock • 2 min read

Study claims advanced biofuels and electric vehicles will disrupt demand for oil within five years

The global oil sector will face unprecedented levels of disruption within the next five years as a result of the emergence of commercially viable biofuels and electric vehicle technologies. That is...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Latest agricultural yield estimates point to 'worst harvest on record'

Vattenfall unveils plans for two new East Anglian onshore wind farms

More on Technology

Antigua and Barbuda partners with Octopus Energy to advance island clean tech deployment
Technology

Antigua and Barbuda partners with Octopus Energy to advance island clean tech deployment

Partnership announced at New York Climate Week aims to explore how electric vehicles, solar panels, batteries, and flexible grid technologies can help slash island communities' fossil fuel imports

James Murray
James Murray
clock 24 September 2026 • 2 min read
AI holds risks and opportunities for sustainability professionals - we must use it responsibly
Technology

AI holds risks and opportunities for sustainability professionals - we must use it responsibly

How to utilise AI to best effect while curtailing negative impacts is a key challenge that sustainability and environmental professionals need to actively engage with, writes ISEP deputy CEO Martin Baxter

Martin Baxter, Institute of Sustainability and Environmental Professionals
clock 23 September 2026 • 4 min read
'No-brainer': Scotland mandates environmental impact assessments for large data centre projects
Technology

'No-brainer': Scotland mandates environmental impact assessments for large data centre projects

Scottish government imposes more stringent environmental requirements on new data centres with a power capacity exceeding 50MW

Stuart Stone
Stuart Stone
clock 17 September 2026 • 4 min read