The year 2020 heightened the need for foresight and agility in how we collect information and how we connect the dots to make decisions.

The global market scenario in 2020 has highlighted the divide in the oil industry on how to negotiate the transition to low carbon while maintaining profitability. As if the combination of the post COVID-19 demand contraction and the (possibly) permanent shift in consumer behavior relating to personal mobility and work from home were not enough, Europe’s green hydrogen plan and China’s commitment to become carbon neutral by 2060 has put pressure on the global oil companies. Take a look at 8+1 key trends that have been impacting the energy and lubricants industry./span>