Oil Majors in a Post-Covid World

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.

Avsnitt(342)

Damn, Commercial Solar Is Hard

Damn, Commercial Solar Is Hard

This week on The Interchange, a listener tries to convince his office building owner to install solar: "he's open to the idea, but we're struggling with the question of who pays," says Daniel from Men...

8 Maj 201829min

Batteries Are Changing Residential Solar

Batteries Are Changing Residential Solar

The solar industry is talking about battery storage almost as much as solar these days.On this week's Interchange, we're addressing the shift toward storage in residential solar. Sunrun, a top install...

4 Maj 201838min

European Solar Rises Again, With Fewer Subsidies

European Solar Rises Again, With Fewer Subsidies

Europe was once the world's biggest solar spender, until the region's PV market fell into a structural decline after subsidies were pulled back. Now Europe is on the upswing once again — this time, wi...

24 Apr 201832min

Shell Thinks Solar Could Beat Oil & Gas

Shell Thinks Solar Could Beat Oil & Gas

Shell, the world’s sixth biggest oil and gas company, just published a future "sky" scenario that's getting a lot of attention. That potential future: By 2050, renewables could overtake oil, gas and c...

17 Apr 201831min

What Will Energy Blockchain Become?

What Will Energy Blockchain Become?

Blockchain is largely untested compared to its potential. We know it’s likely transformative — we just don’t know exactly how.There are hundreds of potential applications in the electricity business. ...

11 Apr 201853min

How Blockchain Peer-to-Peer Energy Trading Might Work

How Blockchain Peer-to-Peer Energy Trading Might Work

Out of the 122 startups (and counting) that GTM Research is tracking in the energy-blockchain space, 22 are focused on peer-to-peer energy trading.Sharing electrons directly with peers sounds cool, bu...

3 Apr 201846min

Gina McCarthy

Gina McCarthy

Gina McCarthy isn't happy watching Scott Pruitt dismantle the climate plan that she helped President Obama build. But she doesn't think Pruitt will be successful."They've made a lot of announcements, ...

27 Mars 201843min

Solar's Tough Year

Solar's Tough Year

Last year was a tough one for many U.S. solar companies. For the first time, America's solar market saw a decline in growth and solar employment.What gives? In this podcast, we're going to walk throug...

21 Mars 201847min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
svd-tech-brief
rss-svart-marknad
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
lastbilspodden
rss-dagen-med-di
fill-or-kill
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
24fragor
borsmorgon
tabberaset
rikatillsammans-om-privatekonomi-rikedom-i-livet
montrosepodden