Insight
The Majors' benchmarking 2023
Report summary
The Majors have recalibrated their strategies in response to the energy trilemma and the pace of the energy transition. They are leaning into upstream while taking their foot off the accelerator in renewable power. Molecules rather than electrons are becoming more prominent in low-carbon strategies. Strategies are starting to converge. But performance and portfolios still vary greatly. Find out how the seven Major oil companies are performing across our proprietary upstream, downstream, and new energy metrics in our updated Majors’ benchmarking report.
Table of contents
- The Majors are leaning into upstream in the near/medium-term
- Equinor, Shell, Chevron and ExxonMobil have ‘fortress’ balance sheets
- Oil and gas production growth varies dramatically this decade
- ExxonMobil has much more exposure to downstream than any peer
- Molecules are becoming more prominent in low-carbon strategies
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Wood Mackenzie Hydrogen Conference 2023
20 September 2023 | London
$1,050
Insight
BP and Shell: Strategy for disorderly energy transition
We reflect on BP and Shell's evolving transition strategies in a broader context
$1,350
Commodity Market Report
Global copper investment horizon outlook - Q3 2023
If the market is to satisfy copper’s energy transition demand requirements, new mine projects and higher scrap generation will be needed.
$10,000