Oil and gas industry should prepare for low-carbon energy transition, warns PwC

Madeleine Cuff
clock • 3 min read

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 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

More on Infrastructure

Global Urban Data Centres Pact: Over 30 cities sign up to tackle data centre growth in urban areas

Global Urban Data Centres Pact: Over 30 cities sign up to tackle data centre growth in urban areas

New initiative aims to address residents' concerns about expansion of AI and digital infrastructure, in a bid to ensure growth is not detrimental to communities or the environment

clock 23 June 2026 • 3 min read
DESNZ: Pylons the 'fastest, most cost effective' way to upgrade UK grid

DESNZ: Pylons the 'fastest, most cost effective' way to upgrade UK grid

Government backed studies finds that while new underground cable methods are cheaper than traditional techniques, average costs are still between 3.5 and 5 times higher than overhead lines

Stuart Stone
clock 12 June 2026 • 3 min read
NESO: Grid connection offers in place for over half the projects needed by 2030

NESO: Grid connection offers in place for over half the projects needed by 2030

Government-backed agency reveals over 700 shovel-ready energy projects have received grid connection offers, unlocking nearly 40GW of extra capacity

James Murray
clock 10 June 2026 • 3 min read