Influence of Energy Policies on Development Path of US Oil Companies

Abstract
Figure/Table
References
Related Citation (0)

Download: PDF (333 KB) HTML (1 KB)
Export: BibTeX | EndNote (RIS)

Abstract Focused on “energy security”, US energy policies have undergone a multi-stage evolution. The main line has shifted from ensuring the oil and gas supply to achieving energy independence, and then to diversified development under a broader concept of energy security. The development path of US oil and gas companies is guided and influenced by series of policies. Represented by ExxonMobil and Chevron, US oil companies are maintaining a long commitment to the oil and gas business, especially unconventional resources such as shale gas and shale oil. Different from their European counterparts, US oil companies have chosen CCS/CCUS as their primary method for achieving carbon neutrality. As for the new energy business, the US oil giants are showing more interest in raw materials such as lithium resources rather than the power generation business.

Published: 26 December 2024

	Service

	E-mail this article
	Add to my bookshelf
	Add to citation manager
	E-mail Alert
	RSS
	Articles by authors

Cite this article:

URL:

http://www.coag.com.cn/EN/ OR http://www.coag.com.cn/EN/Y2024/V31/I2/33

[1]	Chen Yan, Liu Meng. Energy Strategy of the United States & Europe and Inspiration for China [J]. China Economic and Trade Herald Journal, 2023, (6): 51-54.
[2]	Wang Zhibang, Liu Manping. The Influence of US Energy Policy Transformation on Global Energy Market and China’s Countermeasures [J] Price: Theory & Practice, 2023, (7): 24-29.
[3]	Zhang Fan, Shang Karen. Research on the Energy Governance System of Major Economies in the World in the Context of Carbon Neutrality [J]. Sino-Global Energy, 2023, 28 (11): 1-8.
[4]	Liu Guozhu, Bai Yunuo. The Biden Administration’s Clean Energy Revolution and Geopolitics of Critical Minerals [J]. Pacific Journal, 2023, 31 (10): 32-45.
[5]	Dou Lirong, et al.. Global Oil and Gas Exploration and Development Situation and Oil Company Dynamics [M]. Beijing: Petroleum Industry Press, 2023: 36-81.
[6]	Jia Jingkun, Qiu Xiao, Zhu Ying, et al. The Recovery and Transformation of International Oil Companies [J]. Petroleum & Petrochemical Today, 2023, 31 (9): 5-10.
[7]	Hou Mingyang. The Motivation, Impact, Risk, and Inspiration of ExxonMobil’s Acquisition of Pioneer Resources [J].International Petroleum Economics, 2023, 31 (10): 15-20, 41.
[8]	Wang Lin. A New Round of Integration Heat in the Oil and Gas Industry [N]. China Energy News, 2023-11-06 (005).
[9]	Liu Songyan, Shang Chen. Policy comparison of supporting the development of CCUS and inspiration for China [J].Heilongjiang Finance, 2023, (11): 34-37.
[10]	Yang Yongming. Expanding Development Advantages by Relying on the Oil and Gas Industry [N]. China Electric Power News, 2023-11-29 (004).
[11]	Wang Jianliang, Peng Jing, Chen Shan, et al. Study of the evaluation index of international oil companies’ response to climate change [J]. Petroleum Science Bulletin, 2023, 8(5):682-694.
[12]	Xu Dong, Xu Zhenhang, Liu Junfeng, et al. Underlying Logic of Involving the Lithium Mineral Business of the Big International Oil Companies in the Context of the Energy Transition and its Enlightenments [J]. Petroleum and New Energy, 1-6 [2023-12-04].