The oil and gas industry is ‘not simply going to roll over’

oil-well

There are investment opportunities within the energy sector that will benefit from the energy transition — and they are not just in the renewables sector.

Tyson Birchall, managing director of Longbow Capital, a Calgary based private equity manager, points out that even if the world is able to achieve the objectives of the Paris agreement, the oil and gas industry will still require investment of approximately $425 billion per year to meet demand as supply declines faster than demand does (he cites IEA reports).

Longbow manages approximately $500 million and is investing in opportunities inside and outside of the oil and gas sector that will benefit from the disruption created by the energy transition — which can include energy infrastructure, services, products and technology — what Birchall called, “Energy with a capital E.”

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Source: PV-Magazine-USA.com

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