New Energy Futures

New Energy Futures provides a framework for considering potential future perspectives to analyse the dynamics in the oil and gas sector. Four perspectives in this paper highlight some of the fundamental trends that reshape the sector, viewed through a medium term lens of five to fifteen years. In two of our perspectives, market forces play a defining role while the other two perspectives are driven more by the effects of government behaviour and geopolitics. Each teases out some possible effects on supply, demand and market dynamics.