How will oil be affected by the energy transition?

submitted by saltalberta on 02/29/20 1

While a future beyond oil remains hard to picture, investors and consumers around the world are demanding more focus on sustainability. Oil companies are responding by writing off long-cycle investments and moving into alternatives. Governments are continuing to tighten regulations on a range of transport fuels, pushing refiners towards lower sulfur products and biofuels blending, while sectors such as marine and aviation face a challenge to decarbonize. For more insight, read our special report: Sustainability shift: Oil’s future in the energy transition: spglobal.com/sustainability-shift ---------------------------------- Subscribe for more updates: plts.co/w7hd30cmrHv ---------------------------------- Keep up to date with all the latest S&P Global Platts news by tweeting us at @SPGlobalPlatts: plts.co/xT6P30kqU7D ---------------------------------- You can also follow all our latest updates by following us on: Website: www.spglobal.com/platts/en Facebook: www.facebook.com/SPGlobalPlatts/ Twitter: twitter.com/SPGlobalPlatts/ LinkedIn: www.linkedin.com/company/spglobalplatts

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