75% global energy demand met by fossil fuels by 2030, urging oil/gas companies to reduce emissions and develop sustainable portfolios.

A Rystad Energy report predicts that by 2030, over 75% of global energy demand will be met by fossil fuels, increasing emissions from hydrocarbon extraction and gas flaring. Oil and gas companies are urged to reduce emissions and develop sustainable portfolios. Premium Energy Basins (PEBs), like the Central Arabian and Rub Al Khali, offer opportunities for low-carbon solutions and significant investments, essential for balancing energy needs with environmental goals.

September 02, 2024
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