Meeting Energy Demand

Text size
- -A
- +A

What we do lies at the intersection of two of the greatest challenges facing the world today and tomorrow — energy supply and environmental protection. Our responsibility as an energy producer is to manage these crucial and apparently conflicting challenges as best we can.

In practical terms, that means managing our energy use and offering our customers ways to do the same. More important, it also means inventing a new energy model that combines fossil fuels with low-carbon energy sources, to satisfy energy demand without interruption while at the same time protecting the environment.

Global energy context
Our industry is geared to the long term: the work we do today concerns projects that will come on stream ten or twenty years down the road. It is important to consider what the energy context will be at that time: within what constraints will it operate? What opportunities will it bring?
- Challenges
- Our strategy
Getting the most out of hydrocarbons
The economic growth and consumption of the 20^th century were fueled by the most easily accessible reserves of oil and gas. Today, output from these deposits is dwindling. To sustainably meet ever-rising demand for energy, it is becoming imperative to exploit all available resources.
Diversifying our offer
Oil and gas production alone will not suffice to meet the world’s long-term energy needs. The dual challenge of energy supply and climate change calls for the development of cost-effective and environmentally viable solutions that will gradually round out the world’s energy supply.