Ventures for an Energy Transition?

This database tabulates c200 venture investments made by 8 of the leading Oil Majors, as the energy industry advances and transitions.

The largest portion of activity is still aimed at incubating Upstream technologies (c40% of the investments), as might be expected.

But leading Majors are also building rapid capabilities in new energies (38%) and digital (36%), as the energy system evolves. We are impressed by the opportunities. Venturing is likely the right model to create most value.

The full database shows which topic areas are most actively targeted by venturing; including by company. We also chart which companies have gained stakes in the most interesting start-ups.