Despite unprecedented energy challenges, 68% of oil and gas industry leaders express optimism for sector growth in the coming year. This confidence, revealed in a survey by DNV, underscores the sector’s resilience as it balances immediate demands with long-term environmental responsibilities.
The latest DNV survey, “The Paradox of Petroleum – How the oil and gas sector is transforming through uncertainty”, gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector. The survey highlights the sectors confidence following the 2020 downturn. The industry is heavily investing in alternative energy sources such as wind, solar, hydrogen, carbon capture, utilisation and storage (CCUS), and biofuels. These investments are paving the way for new revenue streams, despite…
