Anticipating a softening of policy, some of the industry has been quick to lower their energy transition ambitions, while other players are fast-tracking their low-carbon growth promise. How should the rest of the industry react to this divergence? Are we pivoting back to fossil fuels or refocusing our policies? Or is a wider alignment on energy transition goals needed more than ever? One thing is clear: the moment in time is unique and calls for both strategic flexibility and pragmatism in addressing these challenges and uncertainties, writes Konrad Jar Executive Director, Strategy and Innovation, ORLEN.

This “responsible transition” is not only defined by the development principles, but primarily by a selective investment approach in our conventional business; we will continue to grow this where market fundamentals are healthy. This includes investing in gas and LNG (from upstream through midstream and downstream), which acts as a transition fuel, especially in our...