Insight
The Majors: positioning in low-carbon energy (2024 update)
Report summary
Shell and BP dialled back the scope and ambition of their energy transition strategies in 2023. The more measured approach to low carbon signals that companies cannot run too far ahead of societal progress. But low carbon still accounts for around half of the Euro Majors’ projected spend in 2030. ExxonMobil also increased its low-carbon budget in 2023. Low carbon strategies continue to broader out. Capital allocation into low-carbon molecules will increase over the next five years as the Majors derisk initial projects. The capture of opportunities in adjacent sectors such as lithium is a new theme. Find out how each company is performing across our proprietary low-carbon metrics in solar, wind, CCUS, biofuels, lithium and hydrogen.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Geothermal Market Update Q1 2024
Geothermal energy has the potential to be the low-carbon energy resource of choice.
$1,050
Insight
Corporate CCUS benchmarking 2024
Which oil and gas companies are embracing CCUS as part of their energy transition strategy?
$1,350
Insight
Steel energy transition outlook 2024
Green steel outlook: Challenging the status quo
$1,050