The APPEA conference is the annual showcase for the oil and gas industry, but in 2021 it’s all about selling the future of gas despite the increasing pressure to decarbonise or abandon projects.
The annual gathering of oil and gas companies in Perth this week features the contradictory pressures facing the industry in 2021.
Prices and demand may have picked up nicely again after the collapse of both and the huge write-downs required last year due to the COVID-19 crisis. Yet the global push to decarbonise economies is only accelerating and Australia cannot be exempt.
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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com
