{"id":269980,"date":"2021-10-21T19:06:42","date_gmt":"2021-10-21T17:06:42","guid":{"rendered":"https:\/\/www.qocsolutions.com\/?p=269980"},"modified":"2021-10-21T19:06:42","modified_gmt":"2021-10-21T17:06:42","slug":"energy-transition","status":"publish","type":"post","link":"https:\/\/www.qocsolutions.com\/en\/energy-transition\/","title":{"rendered":"What should be the role of the Oil &#038; Gas industry in the energy transition process?"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">The role of Oil &amp; Gas companies in the energy transition<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As <\/span><b>the need to hurry up and find alternatives to fossil fuels for energy production becomes more and more apparent<\/b><span style=\"font-weight: 400;\">, it is natural to ask what role Oil &amp; Gas companies should play in this. After all, these are some of the most important companies and they employ many people all over the world. It would be unthinkable &#8211; and certainly detrimental &#8211; to think that we could tackle the climate crisis by shutting them all down.\u00a0<\/span><\/p>\n<p><b>Unfortunately, in the last decade, many<\/b><span style=\"font-weight: 400;\">, even too many, <\/span><b>institutional investors have decided to withdraw their funds from these companies<\/b><span style=\"font-weight: 400;\"> and redirect them towards other, less &#8220;controversial&#8221; sectors. However, this behaviour is bound to damage the fight against global warming in the long run.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What needs to change in energy transition management<\/span><\/h2>\n<p><b>The starting point is the absurdity of not involving oil and gas companies in a serious and feasible energy transition project<\/b><span style=\"font-weight: 400;\">, as experts say that without their support, any chance of change would be impossible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since it will be many years before we can rely solely on renewable energy sources for energy production, <\/span><b>it is more necessary than ever to mobilise funds to invest in Oil &amp; Gas in order to find more efficient and less wasteful solutions<\/b><span style=\"font-weight: 400;\">. With this in mind, fossil fuel companies become key allies in trying to provide concrete answers to the energy crisis, making it easier to achieve the various targets set by governments for the coming decades.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.qocsolutions.com\/en\/\"><b>QOC Solutions<\/b><\/a><span style=\"font-weight: 400;\">, Italian excellence in the field of <\/span><a href=\"https:\/\/www.qocsolutions.com\/en\/quick-opening-closures-for-industrial-plants\/\"><b>industrial quick opening closures<\/b><\/a><span style=\"font-weight: 400;\"> also dedicated to the Oil &amp; Gas sector, <\/span><b>is once again at the forefront and ready to take up one of the most important challenges we will face in the near future<\/b><span style=\"font-weight: 400;\">: the fight for the survival of our planet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Visit the <\/span><a href=\"https:\/\/www.qocsolutions.com\/en\/news\/\"><b>QOC Solutions blog<\/b><\/a><span style=\"font-weight: 400;\"> to keep up to date with all the innovative projects in which our latest products are used.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The role of Oil &amp; Gas companies in the energy transition As the need to hurry up and find alternatives to fossil fuels for energy production becomes more and more apparent, it is natural to ask what role Oil &amp; Gas companies should play in this. After all, these are some of the most important [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":269978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-269980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Energy transition: the role of the Oil &amp; Gas industry<\/title>\n<meta name=\"description\" content=\"The companies of the Oil &amp; Gas industry play an important role in the complex energy transition process in the coming years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.qocsolutions.com\/en\/energy-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy transition: the role of the Oil &amp; 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