Exxon, Chevron Focus on Oil Projects in the Americas
The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
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Chairman and CEO of Total Energies
The oil and gas industry is at a crossroads. With the impacts of climate change becoming more severe every year, it’s clear that fossil fuel consumption must decline to prevent global warming from crossing a dangerous threshold.
Yet oil and gas companies posted record returns in 2022, driven by volatility in the global market. Many are making more investments in clean energy technologies, but it’s still a small share of their total capital expenditures. As the transition to clean energy gains momentum, these firms are balancing the requirements of the energy transition and the realities of today’s fossil fuel-dependent economy.
How can oil and gas majors reduce emissions while continuing to meet the global demand for fossil fuels? What role do they have in a clean energy transition? And how do their leaders see their position in an increasingly fractious and volatile global energy system?
This week host Jason Bordoff talks with Patrick Pouyanné.
Patrick is the Chairman and CEO of Total Energies, a French multinational oil and gas company and one of the world’s seven supermajors. He has served in this role since 2014.
Since his appointment, Patrick has overseen a diversification of his company’s portfolio, signified by its name change from Total to Total Energies in 2021. He has continued to expand Total Energies’ oil and gas business, pursuing new projects in Qatar, Mozambique, Uganda, and elsewhere. In the process, Patrick has emerged as a highly influential– and sometimes controversial– voice in the industry.
This episode of the Columbia Energy Exchange is a recording of a live, in-person conversation that took place on April 12th during the Columbia Global Energy Summit 2023.
This week host Jason Bordoff talks with Cheryl LaFleur and David Hill about the incoming Trump administration, its impact on FERC, and the status of permitting reform measures.
The international climate negotiation process stands at a critical juncture. At the recent COP29 summit in Azerbaijan, nations struggled to find common ground on financial support and carbon...
The energy transition is transforming how we power our world – clean energy systems are becoming more interconnected, automated, and reliant on digital infrastructure. But with this transformation...
The clean energy transition has a dirty underside. To move away from fossil fuels and toward solar, wind, batteries, and other alternative sources of energy, we have to intensify mining operations for critical minerals like lithium, copper, and cobalt.
Rapidly reducing greenhouse gas emissions from fossil fuels to address the severe threats of climate change requires economic transformations that pose challenges for regions heavily dependent on coal, oil, natural gas, or other carbon-intensive industries.
The world has committed to transitioning away from fossil fuels to avoid the most severe threats of climate change.[1] Communities across the United States rely on fossil fuel...
Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs
As Russian President Vladimir Putin prepares to visit China, the proposed Power of Siberia 2 natural gas pipeline is likely high on his agenda.