The authors identify how four South American NOGCs are preparing to transform in the face of climate change and the energy transition. They do so by looking at these companies’ publicly stated ambitions regarding diversification: they focus in particular on whether and how these companies are leaving fossil fuels behind, as a sign of transforming their core business and moving towards a more structural transformation overall in society.
The four South American NOGCs are Ecopetrol (Colombia), Petrobras (Brazil), Yacimientos Petrolíferos Fiscales (YPF, Argentina) and EP Petroecuador (Ecuador). While all four companies are controlled by their national governments, three are also public companies that are traded on domestic and international stock markets.
This report can serve as a resource for comparative analysis and to inform transition strategies in oil and gas–producing countries, for energy and finance researchers, professionals working within NOGCs, and policymakers shaping NOGCs’ missions, strategies and investments.
Source link : https://www.sei.org/publications/four-national-oil-gas-companies-south-america/
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Publish date : 2023-11-23 03:00:00
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