Gas Industry

The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The extreme monetary value of oil and its products has led to it being known as "black gold". The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream deals with Drilling …

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Publications

IEA: International Energy Agency · 24 November 2023 English

The global oil and gas industry encompasses a large and diverse range of players: from small, specialised operators to huge national oil companies. These producers face pivotal choices about their role system amid a worsening climate crisis fuelled in large part by their core products. The Oil and Gas Industry in Net Zero Transitions analyses the implications and opportunities for the industry that would

World Energy Outlook Special Report The Oil and Gas Industry in Net Zero Transitions INTERNATIONAL ENERGY has an opinion about the role of the oil and gas industry in the transition to net zero emissions. For the conclusion is unambiguous. The oil and gas industry is an obstacle to change, so successful transitions urgent need for change, most notably The Oil and Gas Industry in Energy Transitions, in January 2020. This to 1.5 °C, the consequences for the oil and gas industry will be profound. This report shows that


SEI: Stockholm Environment Institute · 23 November 2023 English

This report explores what (if any) diversification strategies national oil and gas companies (NOGCs) are employing to engage in an energy transition, with a focus on four South American countries: …

of the capital invested in the global oil and gas industry (Manley & Heller, 2021). Because of their important economic and fiscal dependence on the oil and gas industry. Unrelated diversification, which usually requires behavior toward decarbonization in the oil and gas industry. Review of International Political Economy International Energy Agency. (2020). The Oil and Gas Industry in Energy Transitions [World Energy Outlook Agency. https://www.iea.org/reports/the-oil-and-gas- industry-in-energy-transitions Kenner, D., & Heede, R


World Bank Group · 22 November 2023 English

Côte d'Ivoire is at a crossroads. Despite good progress over the last decade, recent global economic and health shocks have aggravated existing problems including lack of fiscal space, limited access …

are many sources of venting in the oil and gas industry, including storage tanks, compressors (seals


SEI: Stockholm Environment Institute · 22 November 2023

projections under current policies and decarbonization scenarios, increasing the risk of propping up the gas industry past its peak. This working paper illustrates cases in Colombia and México where continued development


Mo Ibrahim Foundation · 20 November 2023 English

While curtailing the emissions of those with the biggest carbon footprints makes obvious sense, and will have the greatest impact on the climate crisis, for Africa the focus must be …

pressure to avoid downstream investment in Africa’s gas industry that would increase energy access on the continent


CEC: Chaire Economie du Climat · 17 November 2023 English

These guidelines enable all market participants to clearly understand the characteristics of a green loan, based on the following four core components: • Use of proceeds (UoP) The fundamental determinant …

only consequences. Actually, the entire oil and gas industry witnessed a consistent decline in their stock


IEEFA: Institute for Energy Economics and Financial Analysis · 17 November 2023 English

In the NZE Scenario, a global supply glut forms in the mid-2020s and under construction projects are no longer necessary.”29 Australia unlikely to be a competitive supplier of LNG in …

future gas strategy must acknowledge that the gas industry in Australia will move into structural decline Taskforce for the Australian offshore oil and gas industry stated: “Companies should not avoid decommissioning could lead to a rapid decline of the oil and gas industry, which would dramatically change the financial 3% of the net income received by the oil and gas industry in 2022. Even if there was no value to the captured revenue data shows that the tax share of oil and gas industry revenue has been falling for the past 30 years


Oxfam Australia · 16 November 2023 English

The world faces twin crises of climate breakdown and runaway inequality. The richest people, corporations and countries are destroying the world with their huge carbon emissions. Meanwhile, people living in …

Oil and Gas Industry in Energy Transitions. https://www.iea.org/reports/the- oil-and-gas-industry-in-energy-transitions


UCS: Union of Concerned Scientists · 16 November 2023 English

With concerted action, the US can meet its climate goals—and see huge benefits to the economy and public health.

upstream methane emissions from the oil and gas industry. We estimated changes in non-CO2 emissions


Oxfam Australia · 16 November 2023 English

X The emissions of the super-rich 1% in 2019 are enough to cause 1.3 million deaths due to heat.2 X A tax of 60% on the incomes of the super-rich …

Oil and Gas Industry in Energy Transitions. https://www.iea.org/reports/the- oil-and-gas-industry-in-energy-transitions


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