From Oil to Energy – IOC Strategies for the Energy Transition
Oil and gas demand hit hard by COVID-19 shock. Potential for long-term behavioral change after lockdown experiences creates uncertainty over transportation demand for oil. Majority of future power demand growth to be supplied by renewables. Major IOCs recognized large impairments in Q2 after downward revisions to future oil and gas price assumptions.
Scope
IOC targets for the energy transition
IOCs investments in multiple transition technologies
BP Transition Targets
How wider oil and gas sector preparing for transition
Reasons to Buy
Understand the factors supporting the energy transition among IOCs
Identify net zero ambitions of major European IOCs
Understand key technologies IOCs are investing for for energy transition.
Analyze BP’s energy transition strategy
Table of Contents
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