Horizons Live: Scraping the barrel
1 minute read
The world is not going to run out of oil and gas any time soon. Total oil and gas resources are more than likely to double demand by 2050, with gas reserves sitting at 1.5 trillion oil-barrel equivalents. It’s the quality of this supply that’s the issue. Advantaged resources (price resilient and low emissions) could only be enough to supply half the demand by 2050. So, what can companies do to mitigate this shortage?