Insight
Downstream corporate strategies: the Majors edition
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
Without downstream integration, the Majors would have struggled to survive through the oil price downturn. Previously, the business did not attract the same capital and strategic attention as Upstream. But in a low-carbon, capital-disciplined world this is changing. Downstream is now a critical element of the Majors’ future profitability. Segment returns have averaged 20% since 2015 and capital is starting to flow back in. How well are the Majors positioned in downstream? And how will their refining, marketing and chemicals strategies evolve over time?
Table of contents
- Executive summary
Tables and charts
This report includes the following images and tables:
-
The Majors upstream and downstream valuations (US$ billion)
What's included
This report contains:
Other reports you may be interested in
Asset Report
Panzhuang (CBM)
The Panzhuang coalbed methane (CBM) field, located in the southern Qinshui basin in Shanxi province, is operated by AAG Energy.
$3,720
Insight
GPCA 2025: Feedstock economics reshape Middle East petrochemicals
Gas dominates Middle East petchems as feedstock economics reshape regional investment. Recovery expected by 2030 despite current challenges.
$900
Asset Report
Cenovus Energy Saskatchewan
Cenovus Energy was formed through a corporate reorganisation of Encana, in which two separate companies were created. The split was ...
$3,720
