IMG.gif
CORPORATE STRATEGY

Cepsa Oil Sale Simplifies Switch to Green Molecules

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Cepsa,Madrid,Spain,Building,Company,Logo
aquatarkus/Shutterstock
  • Cepsa's exit from Abu Dhabi continues unwinding what had been a decade-long push to build a larger international upstream position.
  • The Spanish company sees strong demand for biofuels and renewable gases ahead, with potentially superior returns to those achievable from renewable electricity.
  • Cepsa could benefit from being privately owned as public companies struggle to understand what investors want from their transition strategies.

The Issue

Topics:
Corporate Strategy , Capital Spending, Regional Integrateds, ESG, Biofuels (incl. SAF), Mobility
Wanda Ad #2 (article footer)
#
US independents are relatively well placed to weather the financial fallout, but we see tighter lending as another catalyst for M&A longer term.
Tue, Mar 28, 2023
Unlike other North American basins, Western Canada’s gas-rich Montney Shale has seen a burst of consolidation that shows little sign of abating.
Fri, Mar 31, 2023
But E&Ps still have some way to go if they are to convince investors they remain an attractive proposition for the long haul.
Fri, Mar 31, 2023