The World Economic Forum is set to meet this week in Davos, and global threats including climate change are on the agenda.
Major companies such as BP, Chevron and Saudi Aramco will have business leaders attend the conference for the annual meeting.
Fossil fuels will continue to play a major role in the world’s energy mix as countries shift to low carbon economies.
The oil and gas industry has previously said that it needs to be part of the energy transition.