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ESG disruption will shake up oil and gas market and is an opportunity for companies, says GlobalData



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Hydrocarbon demand is set to fall in the coming decades due to the measures the Paris Agreement signee governments will take to discourage emissions and ensure the success of net-zero goals. This agreement will render conventional oil and gas activity less and less viable. In order to reduce emissions and minimize loses, oil and gas companies should adopt measures such as carbon pricing by altering processes across the value chain, says GlobalData, a leading data and analytics company.
GlobalData’s report, ‘ESG (Environmental, Social, and Governance) in Oil and Gas – Thematic Research’, reveals that technological innovation and increased consumer mindfulness …

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