The energy crisis is complicating IOCs’ ability to keep “value over volume” central while also assuring delivery of energy transition strategies.

Announced low-carbon investments by oil and gas firms exceeded $100 billion in 2022. The latest data from Energy Intelligence's Low-Carbon Investment Tracker, accompanying the recently-published report, covers investments, acquisitions and initiatives announced or approved up to the end of Q4'22, including new addition Santos.

TotalEnergies is selling a 50% stake in a group of onshore wind and solar assets in France to the country's biggest insurance company.

Confidence in Adani was undermined after a US firm published a report alleging improper practices. Adani denied the allegations.

IPOs are key for Pertamina to strengthen its financing capacity and become less reliant on government funding.

The break-even price for gray, blue and green hydrogen across 5 different regions. These prices include capital, operating and—depending on technology used and region—electricity, gas and carbon costs over the lifetime of a project. Weekly data starting from January 2022.

Comprehensive data on power generation costs for 13 forms of renewable and conventional energy, including capital, operational, fuel and carbon costs. Also, the oil, gas and coal prices at which alternative technologies match the lifetime costs of a fossil fuel-fired power plant in the Middle East and developing Asia, as well as details of the key parameters used in the calculations, with data back to 2010.

Announced low-carbon investments by oil and gas firms exceeded $100 billion in 2022 – highlighting ongoing industry transition momentum. After a Q3’22 lull, activity rebounded to nearly $32 billion in the final quarter, according to Energy Intelligence’s Low-Carbon Investment Tracker, now covering 34 oil and gas firms (including new addition Santos). Renewable power remains the leading category, but spending is becoming more diverse, notably in areas like hydrogen and CCS. European Majors (led by Shell) are still the most active, but low-carbon spending plans are growing faster among US Majors and NOCs. More recent investments typically remain at an early stage – reflected in our new risk-adjusted spending assessment, which cuts total tracked values (since 2015) by half.

Two companies are planning a connection between three disparate US power markets, to meet growing demand for electricity and help match renewable energy with markets.

The European majors are looking to continue their offshore wind partnership.