Directions of the Energy Transition in the Policy of Global Oil and Gas Companies

E. A. Telegina and D. A. Chapaikin ()
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E. A. Telegina: Gubkin Russian State University of Oil and Gas
D. A. Chapaikin: Gubkin Russian State University of Oil and Gas

Studies on Russian Economic Development, 2022, vol. 33, issue 5, 555-560

Abstract: Abstract— Despite the ongoing geopolitical crisis, which has replaced a series of external shocks to energy markets during the COVID pandemic, the problems of global climate change remain the focus of attention of governments and energy companies. The article discusses the key directions of the strategies of oil majors and smaller players in the energy market at the upcoming stage of decarbonization, as well as the features of the transformation of gas and LNG companies in the context of growing instability. Technological imperatives for companies, differentiated in the regional and structural-industry context, are determined. The main vectors of transformation processes are indicated.

Keywords: decarbonization; energy transition; climate; carbon emissions; natural gas; oil and gas companies; LNG; US; EU; strategic transformation (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1134/S1075700722050148

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