Oil and Gas Industry Slows Energy Transition as Focus Shifts Back to Fossil Fuels

Oil and Gas Industry Slows Energy Transition as Focus Shifts Back to Fossil Fuels

by Energies Media Staff

The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit. This will likely continue in 2024, but the…

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