Oil prices continue to stay low and even fell below $30 a barrel. Paris climate agreement imposed further decarbonisation constraints for the oil industry. Under this context of short-term low oil prices and long-term decarbonisation, what prospect does the oil industry hold for its development?
Being the host country for the UN FCCC COP21，the French oil industry has some unique insights to share.
On January 26th, Mr. Didier Houssin, Chairman and CEO of the French Petroleum Institute (IFP Energies Nouvelles) addressed the Beijing Energy Club on various challenges facing the globe oil industry.