US Supermajors Seek to Emulate Success of Transatlantic Peers Such as Shell, BP, and Total

In the ever-evolving energy sector, US supermajors are increasingly looking to transatlantic peers like Shell, BP, and Total as benchmarks for success. These European giants have demonstrated notable resilience and innovation in navigating the complexities of the global energy transition.

By studying the strategies employed by these companies, US supermajors aim to enhance their own approaches to sustainability, diversification, and technological advancement. This involves investing in renewable energy, expanding into new markets, and adopting more agile operational frameworks.

The goal is not only to boost profitability but also to position themselves as leaders in the shift toward cleaner energy sources. Emulating the successful models set by Shell, BP, and Total could help US supermajors remain competitive on the global stage while meeting increasing regulatory and societal demands.

https://www.ft.com/content/7d104314-8fe6-478c-a510-46606a16d9f4