PEER STRATEGY

Majors Recalibrate Venture Capital Approach

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Western oil majors have made a diverse range of early-stage and venture capital (VC) investments, from alternative power generation — including nuclear fusion — to emerging carbon capture and storage (CCS). But venturing strategies may become more selective as the majors look to accelerate development of technologies they see as critical to their future growth. Moreover, the challenging macroenvironment could narrow the field of clean start-ups, triggering mergers in more overcrowded segments. We take a look at what some of the most active oil companies in the venturing space are doing:

Topics:
Emerging Technologies, Corporate Strategy , Majors, Hydrogen, Carbon Capture (CCS), Nuclear
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