The latest, up-to-date climate transition analysis.
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Quarterly Results
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Equinor 4Q23 Results | Climate Transition Analysis
Equinor provided several updates for low carbon, but ultimately remains heavily entrenched in oil and gas.
TotalEnergies 4Q23 Results | Climate Transition Analysis
TotalEnergies is in a balancing act, expanding into electricity to adapt to electrification while simultaneously refining its oil and gas operations to stay competitive in a declining industry.
BP 4Q23 Result | Climate Transition Analysis
4Q23 results provided a first look at Murray Auchincloss’ vision as BP’s new CEO. Auchincloss’ emphasised a ‘simplified’ strategy after a period of ‘generating options’ under previous leadership.
Shell 4Q23 Results | Climate Transition Analysis
FY23 results reflect Shell’s strategic shift towards more conservative capital allocation, scaling back renewables in favour of low-carbon molecules, and increasing shareholder distributions.
Santos 4Q23 Results | Climate Transition Analysis
Following the release of its FY23 results, Santos has to do a lot more to demonstrate its strategy will be resilient to transition.
Woodside 4Q23 Results | Climate Transition Analysis
Woodside released its 4Q23/FY23 report today. With nothing new on its transition, it appears that investors will be waiting until February to hear the details of its new transition strategy that will be put to a shareholder vote in April.
Shell 3Q23 Results | Climate Transition Analysis
3Q23 was a softer quarter for Shell's Renewables and Energy Solutions segment.
BP 3Q23 Results | Climate Transition Analysis
BP had a tougher quarter with 3Q23 underlying profit of $3.3bn post-tax, down -60% on historic 3Q22 highs, driven by gas trading.
Equinor 3Q23 Results | Climate Transition Analysis
Equinor released its 3Q23 results, revealing some headwinds in its renewable segment.
Eni 3Q23 Results | Climate Transition Analysis
Eni has an outwardly progressive transition strategy but suffers the same barriers as its peer, TotalEnergies, in reconciling its oil and gas ambitions with its emissions targets.
TotalEnergies 3Q23 Results | Climate Transition Analysis
TotalEnergies is a tale of two stories: strong renewable ambitions, but growing volumes in gas to FY30.
3Q 2023 Results: Santos
We take a first look at the Australian oil and gas company Santos.
Woodside 3Q23 Results | Climate Transition Analysis
We take a first look at Australia’s oil and gas major, Woodside’s climate strategy and 3Q results.
BP 2Q23 Results | Climate Transition Analysis
Despite lower earnings, BP’s distribution at 3x transition capex.
Eni 2Q23 Results | Climate Transition Analysis
Strategy gap widening between oil and gas production and ambitious emissions targets
TotalEnergies 2Q23 Results | Climate Transition Analysis
Oil and gas production holding back emissions performance despite strong renewables.
Shell 2Q23 Results | Climate Transition Analysis
Shell’s half yearly results a disappointment to investors seeking value and emissions reduction.
Equinor 2Q23 Results | Climate Transition Analysis
Equinor’s half yearly results reveal renewables still overshadowed by oil and gas investments, large task ahead to diversify