... companies focused on renewable sources could be a wise strategy to hedge against the risk of price volatility in the oil sector. As Europe and the U.S. accelerate the transition to renewables, investors may find promising opportunities in sectors like solar, wind, and biofuels, which align with global efforts to reduce fossil fuel reliance. Comment from Sergey Tereshkin, CEO of Open Oil Market "The oil market remains stable due to OPEC+ efforts, but investors should consider the potential for ...

... which we exist. E – Environmental pertains to a company’s relationship with the environment, including policies regarding climate change, CO2 emissions and other pollutants, water resource usage, the application of renewable energy sources such as solar and wind energy, as well as ‘green’ technologies, products, and infrastructure. S – Social. The social component relates to human interactions, including a company's corporate culture, relationships with clients and partners, and the overall ...

... production (from $78 billion in 2019 to $100 billion in 2023 in 2023 prices) and renewable energy, which is likely to slow the growth of oil and gas demand. According to the International Renewable Energy Agency (IRENA), China accounted for 63% of global solar panel capacity additions (216.9 GW out of 345.5 GW) and 65% of global wind power capacity additions (75.9 GW out of 116 GW) in 2023. Thus, Rodionov suggests that future cooperation might focus on supplying equipment for renewable energy generation....

... shift as countries work toward decarbonizing economies and transitioning to renewable energy sources. Alternative Energy Sources and the Shift to Renewables Despite uranium's vast potential, the growing support for renewable energy sources, such as solar, wind, and hydro, could reshape the energy landscape and reduce the need for nuclear energy. As uranium remains an important part of the global energy system, the development of alternative energy sources and new technologies will gradually change ...

... restrictions and encourages the extraction of fossil fuels, including coal, as part of its drive for energy independence. This has provided fossil fuel sectors with a further impetus for development. Experts emphasize that while the development of renewable energies (wind, solar, etc.) continues to accelerate, a complete immediate shift away from traditional fuels is not feasible. The International Energy Agency predicts that global electricity generation from coal will begin to gradually decline post-2025. However, the ...