US oil and gas sector weighs transition options
Carbon capture and hydrogen high on agenda, but good returns from hydrocarbons still a priority
Reid Morrison is a principal in the Houston office of PwC US, a member of the PwC professional services network of firms, and leads the Global Energy Advisory practice. He began his career in the energy industry, gaining experience in the US and internationally in roles spanning both the upstream and downstream at oil majors, NOCs and independents. Morrison’s industry experience also includes biofuels, renewables and trading. In the consulting sector, Morrison has more than 25 years’ experience of helping clients improve their operational and commercial performance. Morrison spoke with Transition Economist about the opportunities and challenges facing the US oil and gas sector as it starts i
Also in this section
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise






