Published:
July 02, 2020
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Government & Non-Profit More...
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Asset Timing and Transitioning
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Strategy
Further Reading
Canadian Gas Association launches $35 million venture arm targeting solutions along the natural gas value chain
News Commentary | April 09, 2021
The CGA formed the Natural Gas Innovation Fund (NGIF) in March and will start with an inaugural $35 million fund targeting startups developing solutions for the reduction of greenhouse gas emissions (GHGs) along the natural gas value chain, renewable natural gas, and hydrogen. The fund will likely ... Not part of subscription
Woodside acquires BHP's oil and gas business
News Commentary | August 27, 2021
The merger of Woodside and BHP's petroleum division reportedly involves $14.7 billion. The transaction will be executed through the distribution of Woodside shares to BHP shareholders: Existing Woodside shareholders will own 52% of the expanded company, while BHP shareholders will own 48%. This news... Not part of subscription
Venturing in a new era of climate tech: How oil and gas CVCs invest
Analyst Insight | April 20, 2022
With several of the world’s largest economies and corporations making significant commitments toward decarbonization, a new era of innovation is underway. Interest from corporate venture capitalists (CVC) — among other innovators and venture capitalists — is causing a boom in the development of and ... Not part of subscription
by Yuan-Sheng Yu
Last year, Lux presented three key strategies oil and gas companies can take in the evolving energy landscape – sticking to the barrel, following the car, and electrifying the future. With the divestment of its petrochemicals business, it appears that BP is in the first step of its evolution. While interest in petrochemicals has grown in recent years among oil companies, BP may be looking to follow the second strategy and become a key provider of energy for transportation. In the past two years, BP has made investments in EV charging stations and hubs in China. It also continues with its biofuels activity, first-generation and advanced. We expect more oil and gas companies to commit to one of the three strategies in the coming years.
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