The energy transition took off in a big way just as the coronavirus pandemic was overtaking the globe in 2020, but fossil fuels are still seen growing at least through the 2030s even as renewables usage rises in popularity and affordability, panelists at the annual CERAWeek by IHS Markit conference said March 1. But for the next 20 years, upstream producers will need to sharpen their skills, revise their portfolios and position themselves for changes ahead, becoming more efficient, fiscally disciplined and focusing investments on where they are most competent and advantaged, representatives from large international oil companies said. “We recognize there’s a finite demand for oil and gas and that we have to […]