Oil Majors in a Post-Covid World
Interchange Recharged26 Maalis 2021

Oil Majors in a Post-Covid World

The oil majors are slowly recognizing that in a decarbonized world their fundamental business is going to have to change.

So what are they thinking? Where are they deploying resources -- and not deploying resources?

Ed Crooks is the right person to ask. He’s our oil major whisperer. He Vice Chair for the Americas at Wood Mackenzie.

Last time we had him on the show was in May of 2020 when the pandemic-driven collapse of oil demand sent key oil prices negative.

Ed talks with our host Shayle Kann about the rebound since then and how oil and gas companies are using this new influx of cash.

They discuss the longstanding differences between American and European oil majors: The Europeans are more aggressive on new energy investments; the Americans are more conservative. Does this distinction still hold, even under the rising pressure of shareholders, employees and governments on these companies to take climate action?

And if they’re not going to invest directly in renewables and power, how will their business models change in a decarbonized world? Shayle and Ed talk about what it would mean to become a “carbon management company.”

They also talk about the differences between 1.5- and 2.0-degrees-celsius worlds and what each would mean for oil and gas companies.

Finally, they read the tea leaves on carbon pricing. Does the Biden administration’s aggressive stance on climate change the political chances of legislation in the U.S.?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jaksot(342)

Demand for batteries is skyrocketing - we need new ways of extracting lithium

Demand for batteries is skyrocketing - we need new ways of extracting lithium

Can innovative new lithium extraction methods prevent a supply chain crisis?New lithium extraction methods are essential to meet the rising demand driven by EVs and grid storage. Traditional methods a...

21 Touko 202436min

How banks and government are working together to achieve net zero in the UK

How banks and government are working together to achieve net zero in the UK

In the UK, the collaboration between banks and policymakers is crucial for accelerating the energy transition. The financial sector in the UK managed assets worth over 9 trillion UK pounds (11.3 trill...

7 Touko 202433min

What’s the energy transition going to cost?

What’s the energy transition going to cost?

Estimates for the cost of decarbonising could be inaccurate. What does that mean for investment and policy-making? About $1.2 trillion is invested annually in climate technology and infrastructure wor...

23 Huhti 202438min

Can we rely on nuclear as a source of clean, reliable power?

Can we rely on nuclear as a source of clean, reliable power?

SMRs: a new horizon in Nuclear Power.This week on The Interchange: Recharged, we are joined by Ted Nordhaus, Executive Director at the Breakthrough Institute, an environmental research centre in Berkl...

9 Huhti 202434min

$802 billion on the horizon: the current state of the EV market

$802 billion on the horizon: the current state of the EV market

New battery technology could get EV prices down and drive mass adoptionIn this week’s episode of Wood Mackenzie’s The Interchange Recharged, we look at the rapidly evolving landscape of EVs and the ba...

26 Maalis 202429min

A ground-breaking new method of sustainable aviation fuel production

A ground-breaking new method of sustainable aviation fuel production

A breakthrough way of producing hydrocarbons, crucial to the aviation industry, could reduce costs and accelerate decarbonisation.Sustainable aviation fuel (SAF) is a key component in the aviation ind...

12 Maalis 202436min

How to create the skilled workforce of 2030

How to create the skilled workforce of 2030

Half of the energy workforce is employed in clean energy technologies. By 2030, over 10 million new jobs will need to be filled as the energy transition continues. China, for example, employs 3 millio...

27 Helmi 202433min

Cutting the red tape around geothermal energy

Cutting the red tape around geothermal energy

Recent legislation in the US promises to be a boon for geothermal energy production.In January, the US House Energy and Commerce Committee passed a bipartisan bill that could have a big impact on the ...

13 Helmi 202434min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
rss-sisalto-kuntoon
sijoituspodi
rahapuhetta
rss-karon-grilli
herrasmieshakkerit
rss-bisnesta-bebeja
rss-draivi
leadcast
rss-lahtijat
rss-laakispodi
rss-seuraava-potilas
rss-paasipodi
rss-yrittajan-mindset
asuntoasiaa-paivakirjat