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Key drivers for energy midstream - The haulers of energy

7 MINS READ

Santanu Sur

Domain Consultant

Highlights

  • Energy midstream acts as a transporter for other companies and remains unaffected by fluctuating oil prices. The sector’s throughput is largely affected by a change in the quantity or demand in a particular region.
  • The COVID-19 pandemic led to a decrease in oil consumption, capex, and R&D investments. This, along with innovations in renewable energy such as solar and wind, can significantly impact energy prices.
  • To adapt to this change and reduce their carbon footprint—on the path to net-zero—oil and gas companies can invest in alternatives such as biofuels, waste recycling. 
  • As major disruptions urge industry players to rethink their business models, the first mover will have an added advantage.