Photo: Courtesy of Port of Antwerp-Bruges

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In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, the current global energy security concerns have – to an extent – pushed it aside as pure oil plays have dominated the energy market and trumped low-carbon diversification so far this year. Or have they?

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