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Columbia Energy Exchange

The Role of Oil and Gas in the Energy Transition

The world’s oil and gas supermajors have been managing lots of headwinds these days not only from the market, but also rising social pressures to move more urgently to address the threat of climate change. Some oil majors have been exploring low-carbon sources of energy, expanding their businesses into power and other parts of the energy sector even as most of their capital expenditures remain in their traditional businesses. As such, the role of the oil and gas industry in the energy transition is a timely and increasingly important topic. 

This week on the Columbia Energy Exchange podcast, host Jason Bordoff is joined by Maarten Wetselaar, Director of Integrated Gas & New Energies and Member of the Executive Committee of Royal Dutch Shell. He’s responsible for Shell’s gas business, including its industry-leading liquefied natural gas and gas-to-liquids businesses. He also leads the new energies business, including Shell’s investment in new fuels, new energy carriers, and new business models for a low-carbon future.

Jason and Maarten discuss the role of the oil and gas industry in the energy transition, and prospects for addressing climate change and reducing emissions, while meeting the growing demand for energy. 

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Advancing Regulatory Efficiency: Lessons and Opportunities in NRC Licensing Practice

The NRC is already experimenting and making improvements in reducing licensing review times without changing the diligence or substance of its evaluations, and the results are promising. If the projected volume of applications materializes, the NRC will need to continue to apply the new approaches it has begun using, as well as seek out additional efficiencies. This paper lays out actionable recommendations on what NRC can do now—under existing statutory authority—to further compress schedules while preserving safety, due process, and analytical quality. 

External Publications with Ashley Finan Nuclear Innovation Alliance • October 31, 2025
Advancing Regulatory Efficiency: Lessons and Opportunities in NRC Licensing Practice
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