Portfolio management strategies of oil companies in the energy transition trend
Abstract
In light of the energy transition trend, some energy conversion scenarios still forecast the global oil demand will amount to at least 87 million barrels/day in 2030 [1]. Oil and gas will continue to play an important role during the transition to low-carbon and renewable energy [2].This article analyses portfolio management strategies in the energy transition trend, the results of recent portfolio transformation of some oil companies and an approach to develop a balanced portfolio to ensure sustainable growth and development.
References
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Daniel Monzon, Rodolfo Guzman, Zaap Kalkman, Stephen Rogers, Augusto Kinbaum, “Shaping the oil company of the future”, 2019. [Online]. Available: https://www.adlittle.com/en/insights/prism/shaping-oilcompany-future.
Amy Chronis, Kate Hardin, Thomas Shattuck, “Portfolio transformation in oil, gas, and chemicals: Balancing scale, scope, and growth”, 17/5/2021. [Online]. Available: https://www2.deloitte.com/us/en/insights/industry/oil-and-gas/portfolio-transformation-oil-gaschemicals.html.
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