Our Take: Transition Spending Sets the Pace

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Oil and gas companies show no signs of slowing transition spending despite high prices and a growing focus on energy security. Rather they are announcing more and bigger ventures, according to Energy Intelligence's latest Low-Carbon Investment Tracker. Low-carbon power generation continues to make up the majority of announced spending, but hydrogen plans — especially blue — are growing fast.

Carbon Capture (CCS), Hydrogen, Renewable Electricity , Low-Carbon Policy
Wanda Ad #2 (article footer)
Despite supportive AGM votes, proactive shareholder engagement by Western majors is more important than ever to avoid missing crucial signposts that could result in permanent capital flight.
Tue, Jun 6, 2023
The company is expanding its presence in the US with "multiple" new agreements, drawn by more attractive incentive structures south of the Canada border.
Tue, Jun 6, 2023