oil and gas

Oil and Gas Sector: The Prospects of a Transition Fuel

The oil and gas sector has a critical role to play in the energy transition. They are the most well-positioned to develop and deploy large scale renewable energy infrastructure. Asian financiers, like the ADB and AIIB, have stated that they will support this transition by no longer funding coal and oil projects. Yet, they will continue to fund natural gas, as many see it as a transition fuel while renewable energy capacity increases.

Cheap Green Hydrogen and its Impacts on Asia’s Oil and Gas Industry

Much has been said about the trouble in decarbonising sectors like shipping and aviation, but...

Global Methane Pledge COP26: Its Impact on Asia’s Oil and Gas Industry

In the build-up to the COP26 conference in Glasgow, all eyes were set on global leaders to make meaningful progress in addressing methane emissions, the second leading cause of climate change. While the Global Methane Pledge is a necessary first step, governments and the fossil fuel industry will have to do more if we are to remain on track to meeting the Paris Agreement goals. In the meantime, the oil and gas landscape in Asia will have to change.

Energy Transition: A Dilemma for Oil and Gas Sector

Asia will account for an estimated share of 43% of the global energy demand by 2040. Whilst fossil fuel projects are under pressure owing to climate commitments, renewables are not yet fully developed. Will the Asian countries bank upon oil and gas to fulfill the future energy demand?

The Risks of the Continued Reliance on Oil and Gas in South Korea

South Korea's green commitments are a breadth of fresh air for a world, strangled in carbon emissions. But the country still isn't ready to abandon oil and gas.

The Reality of Oil and Gas Industry’s Net-Zero Commitments

There has been an increase in oil and gas firms committing to achieve net-zero by 2050. But with rising CO2 emissions, the current scenario demands immediate action. Several fossil fuel firms are being sued for misrepresentation and fraud. Experts stressed the need to set an interim target with clear timelines.

The Oil and Gas Industry in Asia – Current State and What Lies Ahead

“Asia is the world’s largest and fastest-growing consumer of energy as well as the largest...

How Oil and Gas Companies Can Jump Aboard the Green Wagon

The COVID-19 pandemic had been a pivotal moment for the oil and gas companies worldwide....

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