The Role of Oil and Gas in the Global Energy Landscape
Sunday, 14 July 2024, 23:00
Oil and Gas Sector Resilience
While the shift towards renewable energy is gaining momentum globally, the oil and gas sector remains resilient, supported by sustained demand.
Growing Demand from Developing Economies
Oil and gas continue to play a crucial role in meeting energy needs, particularly in developing regions where demand is on the rise.
Transition to Cleaner Energy Sources
Despite the global push for renewable energy, traditional energy sources like oil and gas are projected to coexist alongside cleaner alternatives for the foreseeable future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.