The oil industry, typically associated with the past, is undergoing a significant transformation to adapt to the sustainable energy landscape. Technologies like carbon capture and storage (CCS) are making oil greener by reducing carbon emissions and repurposing them for lower-emission energy solutions. 'Blue hydrogen' production, a process involving natural gas and CCS, is offering a zero-emission fuel alternative that retains oil's reliability. Additionally, recycling initiatives are converting plastic waste from petroleum into new materials, aligning with the circular economy concept. While renewables lead the energy transition, oil's integration with innovative technologies ensures its relevance in the future energy mix. Industry experts foresee oil evolving to support a hybrid energy system that bridges fossil fuels with renewables. The oil sector is investing in sustainability by exploring bioengineered solutions and synthetic biology for carbon offsetting and biofuel development. By embracing green technologies and sustainable practices, the oil industry aims to complement the global shift towards eco-friendly energy solutions.