Portfolio management strategies of oil companies in the energy transition trend

  • Phan Thi My Hanh Vietnam Petroleum Institute
Keywords: Portfolio management, portfolio rebalancing, energy transition

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

JPT, “Portfolio management: As green technologies grow, oil companies have a choice to make, 18/5/2021. [Online]. Available: https://jpt.spe.org/portfolio-management-as-green-technologies-grow-oilcompanies-have-a-choice-to-make.

Matthias J.Pickl, “The renewable energy strategies of oil majors - From oil to energy?”, Energy Strategy Reviews, Vol. 26, 2019. DOI: 10.1016/j.esr.2019.100370.

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.

Published
2022-03-21
How to Cite
Phan , T. M. H. (2022). Portfolio management strategies of oil companies in the energy transition trend. Petrovietnam Journal, 2, 26 - 31. https://doi.org/10.47800/PVJ.2022.02-04
Section
Articles