For decades, the oil and gas (O&G) industry has provided the globe with the best value proposition in the form of reliable, affordable, and safe energy supplies. As global population projections soar, demand for all forms of energy is also set to rise, with hydrocarbons expected to play a dominant role in the energy mix for the foreseeable future. However, current global greenhouse gas (GHG) targets and today’s definition of clean energy highlights the opportunity for emissions management and creates an economic incentive for producers and consumers to decarbonize, each playing a critical role in the energy transition.
