Casting one's mind back to the days before COVID-19 and the recent collapse of the oil price(at the time of writing the price of Brent crude is 60% of its price at the start of the year),the most pressing challenge facing upstream oil and gas companies was the growing emphasis by investors on ESG(environmental,social and governance)and,associated with that,the’energy transition'(a term with no precise definition but which broadly is taken to mean the shift in the energy industry away from fossil fuels to renewable sources of energy,to respond to the challenge of climate change).
展开▼
