Research Journal

Online ISSN No. 2790 – 3885

Plateauing Demand & Cheaper Energy
Alternatives disrupting Oil & Gas
Industry Supplies. Portfolio Analysis of
total energy mix amidst rising demand
for Fossil Fuels

Saritha Naik
ORCID No: 0000-0002-8060-7819
Email: sarithanaik14@gmail.com
Westford University College – UCAM Spain
Dr. Raman Subramanian
ORCID No. 0000-0002-7175-3187
Email : raman@westford.org.uk
Westford University College, UAE


The current study aimed to focus on the demand aspect of the oil and gas industry where several
factors influence economic development, energy transition plan, government policies, technological
development etc. Mainly impact of renewable energy, nuclear energy and Electric Vehicles on oil and
gas industry is notified to analyze oil and gas industry demand by 2030.Various effective renewable
energy forms and carbon reduction techniques are also discussed in this report. Data analysis id done
using mixed methods – Quantitative and Qualitative Analysis Were Survey and interview questionnaire
are used to collect data and analyze. Finally, conclusions are drawn, and recommendations are given
based on the research analysis.