Energy Transition in Oil and Gas - Thematic Intelligence

Energy Transition in Oil and Gas - Thematic Intelligence

Summary

Growing pressure from international bodies such as the UN has prompted oil-producing and consuming nations to switch towards cleaner energy sources. Following suit, the oil & gas industry is venturing into new avenues while keeping an eye open on climate change objectives. The players are taking a variety of routes in their energy transition journey. These include carbon capture and storage (CCS), hydrogen production, renewable power generation, electric vehicles (EV), energy storage, and other low-carbon fuels.

Scope

  • This report highlights the urgency for oil and gas companies to pursue energy transition.
  • It discusses the various avenues available for oil and gas industry to adopt energy transition strategies.
  • It analyses the scope for energy transition within the oil and gas value chain and identifies key players across the value chain.
  • The report provides an overview of the competitive positions held by oil and gas companies, and equipment and services companies in the energy transition theme.
  • It discusses energy transition use cases by the oil and gas players.
  • The report includes sector scorecards for integrated oil companies ranking them with respect to thematic exposure, market valuation, and overall investment risk.
Reasons to Buy
  • To understand GlobalData’s Energy Transition Framework.
  • Identify recent industry, technology, regulatory, and macroeconomic trends in the energy transition theme.
  • Identify energy transition opportunities within oil and gas value chain.
  • Review of energy transition use cases by the oil and gas players.
  • Identify and benchmark key oil and gas companies and their role in the energy transition theme.
  • Identify and benchmark key oilfield and services companies participating in the energy transition market.


  • Executive Summary
  • Players
    • Table Figure 1: Who are the leading players in the energy transition theme in the oil & gas sector?
  • Technology Briefing
    • Emissions from the oil & gas industry are set for new highs
      • Table Figure 2: Carbon emissions related to energy combustion and industrial processes are set for new highs
      • There are three categories of emissions
        • Table Technology Briefing
      • Global emission reduction efforts are gaining pace
    • Our energy transition framework
      • Table Figure 3: GlobalData's thematic framework for energy transition
    • Transition fuels will enable global decarbonization
      • Natural gas will remain the most popular transition fuel in the short term
      • LNG will serve areas inaccessible by pipeline in the energy transition's first stage
        • Table Figure 4: LNG liquefaction capacity is expected to increase by 47% from 2022 to 2025
      • Blue hydrogen is contingent on the upscaling of CCS
    • Low carbon technologies
      • Table Figure 5: Biofuels limit additional CO2 emissions into the atmosphere by maintaining carbon balance
      • Biofuels will be key in decarbonizing sectors that are slow to change
    • Zero carbon technologies
      • Governments are putting their faith in renewables as a future energy source
      • Solar
      • Wind energy
      • Hydro
      • Geothermal
      • Tidal
      • Green hydrogen
      • Nuclear power
    • Emission mitigation technologies
      • Table Figure 6: Carbon capture emerging as a critical emission mitigation technology
      • Carbon capture and storage
      • Energy storage
      • Batteries
      • Electric vehicle charging
      • Nature-based solution work with, rather than against, nature
  • Trends
    • Industry trends
      • Table Industry trends
    • Technology trends
      • Table Technology trends
    • Regulatory trends
      • Table Regulatory trends
    • Macroeconomic trends
      • Table Macroeconomic trends
  • Industry Analysis
    • Table Figure 7: The share of fossil fuels in global power generation is waning
    • Table Figure 8: Wind and solar will dominate renewable energy generation
    • Oil & gas engagement in various energy transition avenues
      • Table Figure 9: Leading oil & gas companies have set themselves energy transition targets
    • Competitive landscape
      • Renewable power
        • Table Figure 10: Leading oil & gas companies are building renewable power capacity
      • Hydrogen
        • Table Figure 11: Leading oil & gas companies continue investing in low-carbon hydrogen projects
      • Biofuels
        • Table Figure 12: Biofuel investment is growing among industry players
      • Carbon capture and storage
        • Table Figure 13: Carbon capture capacity is expected to grow exponentially in this decade
      • Electric vehicles
        • Table Figure 14: European companies are aggressively expanding their EV charging presence
      • Oilfield equipment and service companies
        • Table Figure 15: Equipment and service companies are pursuing a wide range of energy transition avenues
    • Case studies
      • Renewable power case study - Equinor's Offshore Wind Energy Bid
        • Table Prominent offshore wind projects Equinor
      • Hydrogen case study - TotalEnergies' Hydrogen Venture
      • Renewable fuels case study - BP's Biofuel Push
      • CCS case study - ExxonMobil's Carbon Initiatives
      • EV case study - Shell's Electric Drive
    • Mergers and acquisitions
      • Table Mergers and acquisitions
    • Timeline
      • Table Figure 16: The energy transition story
  • Value Chain
    • Table Figure 17: The oil & gas value chain
    • Table Figure 18: Energy transition framework within oil & gas value chain
    • Carbon capture and storage
      • Table Figure 19: The oil & gas value chain: carbon capture and storage
      • Production
      • Gas processing
      • LNG
      • Refining
      • Power
    • Hydrogen
      • Table Figure 20: The oil & gas value chain: hydrogen
      • Refining
      • Transportation
      • Chemicals and fertilizers
    • Electric vehicle charging
      • Table Figure 21: The oil & gas value chain: electric vehicle charging
      • Transportation
    • Renewable power
      • Table Figure 22: The oil & gas value chain: renewable power
      • Power
    • Energy storage
      • Table Figure 23: The oil & gas value chain: energy storage
      • Power
    • Biofuels
      • Table Figure 24: The oil & gas value chain: biofuels
      • Transportation
    • Oilfield equipment & services
      • Table Figure 25: The oil & gas value chain: oilfield equipment & services
  • Companies
    • Oil & gas companies
      • Table Oil & gas companies
    • Oilfield equipment & services companies
      • Table Oilfield equipment & services companies
  • Sector Scorecard
    • Integrated oil & gas scorecard
      • Who's who
        • Table Figure 26: Who does what in the integrated oil & gas space?
      • Thematic screen
        • Table Figure 27: Thematic screen
      • Valuation screen
        • Table Figure 28: Valuation screen
      • Risk screen
        • Table Figure 29: Risk screen
  • Glossary
    • Table Glossary
  • Further Reading
    • GlobalData reports
      • Table GlobalData reports
  • Our thematic research methodology
    • Table Figure 30: Our five-step approach for generating a sector scorecard
  • About GlobalData
  • Contact Us

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