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Author Archives: Arafat Hoque

Energy transition represents a $14 trillion uncertainty for upstream oil and gas

If the world acts decisively to limit global warming to 2°C by 2050, Wood Mackenzie’s estimates oil demand and prices would fall rapidly later this decade. Gas demand and price, however, would be more resilient. While this outcome has major implications for the oil and gas industry, there could still be a huge amount of upstream value on the table.

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