Session 4: A DECADE TO DIVEST, INVEST OR REINVENT? will begin at 14:00 BST

The role of the oil and gas in a decade of whole systems decarbonisation  

The oil and gas sectors grip on global energy markets is loosening driven by the impact of COVID-19, oil price volatility and years of investor action, regulation and new market opportunities. Oil majors have been forced to rethink their strategy and reinvent their business models to maintain relevance in a rapidly changing energy market whilst governments must manage the transition away from fossil fuel dependant energy and the regional impacts these might have. This session explores the role of oil and gas in the future energy system, how business is shifting from oil major to integrated energy businesses and why a just transition is vital to support green growth in traditional fossil-fuel based regions.