Electric Vehicles in Oil & Gas: Adoption of Electric Vehicles to Impact Global Crude Oil Demand
The global energy landscape is transitioning towards low-carbon emitting energy sources to slowdown the process of climate change. This transition is encouraging the adoption of electric vehicles (EVs), which has the potential to impact the global crude oil demand in the long term. Oil and gas companies are making structural changes in their business offerings to brace themselves for the EV adoption and convert this threat into an opportunity. These companies are finding new growth markets in EV charging infrastructure,...
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