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Current Global Energy Transition Dilemma & Likely Global A&D Outlook for E&P Projects

11/11/2020 by Thomas Brand

Current Global Energy Transition Dilemma & Likely Global A&D Outlook for E&P Projects

 

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Publication Name: PESA News

Authors: MIKE LAKIN, ENVOI LIMITED

Publication Issue: 158

Date Published: October 2020

Number of Pages: 2

Abstract:

The Global COVID Pandemic has temporarily altered the lives of the World’s population, but at a time when its estimated growth of over 1% annually will add 2.8 billion more people by 2050 (i.e. 30+%). This dramatic growth will expect and require more and more sustainable energy. The underlying facts show that based on current technology, this simply cannot be done without the use of hydrocarbons, and the increased use of gas, which remains one of the most effective and efficient fuels, even in this age of new ‘energy transition’.

PESA - Energy Geoscience

PESA Energy Geoscience is a non-profit association of individuals involved in the exploration of oil and gas.

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