A Green and Low-Carbon Transformation of Oil and Gas Companies

Abstract

Under the influence of multiple factors such as the double 'black swan' time and climate change, major oil and gas companies have accelerated their business transformation from high-carbon to green and low-carbon, which can help to resist market risks by the adjustment of energy structure. Currently, there are two ways developed for the green and low-carbon transformation of oil and gas companies: renewable energy and low-carbon petroleum. This paper proposes a study focusing on the green and low-carbon transformation of oil and gas companies by analyzing the differences of the strategies based on Internal/External Factor Evaluation Method and then putting forward multi-angle suggestions for giving impetus to industrial transformation.