Oil majors vs. utilities

A Bloomberg Intelligence Report

The lines between oil majors and utilities will continue to blur as both groups seek to boost the production and supply of renewable power.

Contents

1. Introduction
2. Blurred lines between big oil, utilities
3. Oil majors won't overtake utilities
4. Lower WACC gives utilities an edge
5. Retail growth plans too ambitious
6. Longer road to net zero for big oil
7. Is green pie big enough?
8. Energy transition pays off
9. U.S. oils less ambitious vs. EU peers
10. Thank you for reading Oil majors vs. utilities