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Stock impact report

Oil and Gas Sector Strategies for Low-Carbon Fuels, 2024 Industry Research - Decarbonization Journey with Strategic Focus on Low-Carbon Fuel Development [Yahoo! Finance]

Marathon Petroleum Corporation (MPC) 
Last marathon petroleum corporation earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.marathonpetroleum.com
Company Research Source: Yahoo! Finance
The oil and gas industry is facing pressures from both governments and investors to decarbonize and diversify its products. Low-carbon fuels such as renewable diesel, SAFs, and synthetic fuels offer a route to decarbonization that allows the industry to continue providing products and services to its existing consumer industries, while diversifying its assets and decreasing the risk of its infrastructure becoming obsolete. The oil and gas industry currently faces numerous challenges, but the pressure to decarbonize and diversify its products is arguably the largest. This is due to climate concerns, as well as increasing carbon tax imposed by governments, which threatens oil and gas companies' profits. This pressure also comes from investors, who are concerned with the long-term profitability of the industry. In fact, the World Economic Forum forecasts oil demand to peak between 2030 and 2035. Low-carbon fuels such as renewable diesel, SAFs, and synthetic fuels offer a route to de Show less Read more
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