Global energy outlook and the big transitions
Given the unique role played by the energy sector in the global economy, the current recession makes it imperative to take stock of the major trends unfolding in the industry. Before the crisis, the sector seemed on the verge of a major restructuring, due to the combined impact of new sources of natural gas and mounting environmental concerns. The effects of the intervening global downturn, though yet to be fully gauged, are in any event set to be asymmetrical.