The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible, with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante. The ramp-up continues this year.
The current signs point to several factors that will have a hand in shaping the future energy sector, including further geopolitical hazards, tariff threats, and trade wars alongside multiple fuels and technologies which are expected to be available in abundance if everything goes according to plan and the energy industry continues its push to find ways to increase production from existing assets while pursuing new sources and emerging technological solutions.