Insight
Energy transition: How should national oil companies respond?
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
National oil companies (NOCs) are wrestling with the challenges of energy transition. Some have already rebranded themselves as national energy companies with ambitions to diversify across the energy sector. But for most, the remit remains centred on the development of national oil and gas resources. We think oil and gas will remain core to most NOCs but this does not equate to a “do nothing” approach. We outline four areas where companies can build resilience to changing energy markets.
Table of contents
- Executive summary
- The argument for action
-
How can the NOCs respond?
- 1. Embrace transparency
- 2. Optimise existing oil and gas operations
- 3. Step up decarbonisation efforts
- 4. Evaluate new energies investment
- Conclusions
Tables and charts
This report includes the following images and tables:
-
Top 20 companies by oil production in 2020 (thousand b/d)
What's included
This report contains:
Other reports you may be interested in
Insight
Webinar: States of Charge - How policy changes are rewiring the US’ demand for energy transition and battery raw materials
Catch the recording of our webinar exploring how recent US policy changes are rewiring critical metals markets and supply chains.
$1,050
Country Report
China upstream summary
National Oil Companies continue to explore and develop.
$11,340
Asset Report
KNOC Alberta
Korea National Oil Corporation (KNOC) entered western Canada in December 2009, through the acquisition of Harvest Energy Trust for a ...
$3,720
