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Energy portfolio restructuring: Charting the future

ANDREW SMART | June 17, 2021

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Consumer needs and preferences in the energy industry are evolving. Environmental, social and governance (ESG) concerns are becoming more acute—inspiring action and shifting value towards low-carbon solutions. These trends accelerated in 2020 and for the first time, market capitalization of leading low-carbon solutions companies began to overtake those of oil and gas (O&G) majors. This is despite the majors laying out energy transition strategies, setting low carbon energy targets and generating higher revenues by an order of magnitude.1
In response to this radically changing landscape, energy companies are charting divergent courses for their futures. Some continue to bet on their ability to generate returns from the O&G value chain. They are focusing on growing margins and lowering carbon intensity. Others are supplementing their capabilities with low-carbon energy solutions or exiting hydrocarbons altogether. This blog focuses on the path forward for the energy majors in Europe who are betting big on diversification.

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Our story begins way back in 1941, when the Company was established by an intrepid pioneer, the late Seth Narsee Monjee. His vision brought to life an enterprise proving of invaluable services to so many diverse industries. Golden Chemicals Private Ltd. holds a proud record of integrity and consistency in business practices.

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