The downstream oil sector has a golden opportunity to achieve both sustainability and economic growth.
How the energy sector operates will change considerably in the years ahead. Numerous challenges - not least climate change - will require new approaches to mobility, transportation, industrial operations, manufacturing and waste.
The downstream oil sector will need to consider how it can contribute to decarbonisation goals, whilst providing security, reliability and affordable products to wider society. To do this we need a clear vision for the future of our industry.
The UKPIA Future Vision Report provides just that.
Use the links on the right to learn more about the future of the UK's downstream oil sector and the decarbonisation potential.
The UKPIA Report “Future of Mobility in the UK” provides a comprehensive assessment of transport decarbonisation to identify important issues, challenges and possible solutions on how the UK’s biggest emitting
sector can transform to meet Net-Zero by 2050.
This publication looks beyond 2019's UKPIA Future Vision Report and considers the role of the downstream oil sector in meeting the UK's Net-Zero target.
The UK downstream oil sector is capable and willing to play a significant role in meeting societal targets for decarbonisation to Net-Zero.
Climate Change Policy - How we manage our natural resources - including our response to the challenges of climate change - is one of the most pressing concerns facing businesses, governments and publics across the world.
Refineries are the largest producers and consumers of hydrogen in the world and UK-based refiners have been working safely with hydrogen for over 60 years. With the infrastructure, skills and expertise that has been developed, UKPIA believes the downstream industry can be a significant contributor to the emerging hydrogen economy – using the experience and scale of the sector to extend the use of low carbon hydrogen and to reduce refinery emissions simultaneously.
UKPIA believes the UK’s downstream oil sector can be a core contributor to tackling the Net-Zero challenge with our people at the heart of those efforts.
The downstream oil sector directly provided 124,000 jobs in 2016, almost 100,000 of which were at the UK’s 8,000+ petrol filling stations, while 24,000 were in other parts of the sector such as refineries, terminals and offices.
Like most modern industries, the downstream oil sector is seeing strong trends towards digitalisation. Digital technologies have taken hold in the consumer-facing segments of the sector and at import terminals already, while refining applications for digital are emerging.
Alternative fuels and new ways of doing things are already happening across the downstream oil sector.
Learn more about what companies are doing to support decarbonisation and remain a vital part of the UK economy.