Insight
Energy transition: How should national oil companies respond?
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 5 images and tables including:
- Top 20 companies by oil production in 2020 (thousand b/d)
What's included
This report contains:
Other reports you may be interested in
25 June 2020
Webinar: How will NOCs adapt to a post-crisis world?
Insight
Webinar: How will NOCs adapt to a post-crisis world?
Our experts discuss how NOCs might adapt to these uncertain times.
$1,35013 December 2018
How refiners can thrive during the energy transition
Insight
How refiners can thrive during the energy transition
There are various strategies by which refiners can not only survive, but thrive, during the energy transition.
$90013 May 2019
Understanding Southeast Asia's national oil companies
Insight
Understanding Southeast Asia's national oil companies
PETRONAS, PERTAMINA and PTTEP: what strategic priorities, challenges and opportunities lie ahead?
$1,350
