Investors Challenge Majors' Models

Copyright © 2021 Energy Intelligence Group
Logos Shell BP Total

Western majors’ business models for the energy transition continue to splinter. We see companies and investors trying to pick the best structure to balance near-term returns with long-term transition success. Our conversations show that investors are largely agnostic on approaches, but want a combination of robust short-term profits, credible long-term strategies and a clear path to medium-term goals.

The US major's capital spending will rise by more than 20% next year, but remains at the low end of its medium-term plans.
Thu, Dec 2, 2021
Even as the US downstream undergoes a dramatic rationalization, TC Energy is betting the Gulf Coast is still a growth market for oil sands crude.
Wed, Dec 1, 2021