Outstanding quotes from EEF 2022: Forum participants on energy and climate

In this publication, Accenture studies how the oil and gas industry fundamentals are changing as energy systems are rapidly becoming decarbonized.

This Summary for Policymakers compiles key findings of the report by the Intergovernmental Panel on Climate Change which stresses the urgency of taking prompt and coordinated actions to respond to long-lasting unprecedented changes in the ocean and cryosphere.

ROSGEO presents a draft roadmap for the development of geology up to 2050. Leading experts in the geological branch, scientists, representatives of related industries and minerals developers have worked out this draft for several months. The work was conducted at various expert sites during the foresight sessions.

Already grappling with a supply glut in liquefied natural gas (LNG), global gas companies face fresh challenges due to two seismic events: the COVID-19 pandemic and the global oil price shocks. Together, these developments are set to deepen and lengthen the current imbalance between supply and demand in LNG markets, leading to a lower-for-longer price environment. As a result, up to 8% of global LNG demand could be at risk (more than 25 million tonnes per annum, or MTPA) in the near term while the low-price environment could last another one to two years.