According to a 2021 survey of oil and gas execs worldwide, only five percent of upstream companies were considered net-zero pioneers. The survey assessed decarbonization targets within the oil and gas exploration and production sector and found that the majority of companies are expected to maintain their hydrocarbon-based portfolio and assume market possibilities for lower carbon production of oil and gas.
Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021
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Deloitte. (October 12, 2021). Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021 [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/
Deloitte. "Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021." Chart. October 12, 2021. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/
Deloitte. (2021). Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021. Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/
Deloitte. "Distribution of Oil and Gas Exploration and Production Companies Worldwide by Future Decarbonization Plans as of 2021." Statista, Statista Inc., 12 Oct 2021, https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/
Deloitte, Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021 Statista, https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/ (last visited May 11, 2024)
Distribution of oil and gas exploration and production companies worldwide by future decarbonization plans as of 2021 [Graph], Deloitte, October 12, 2021. [Online]. Available: https://www.statista.com/statistics/1270429/global-upstream-companies-breakdown-by-decarbonization-plans/