1. Energy Transitions
1.1. Oil & Gas Re-purposing
1.1.1. Products
1.1.1.1. More Car Oil?
1.1.1.2. Selling more coffee at petrol stations?
1.1.1.3. EV charging stations?
1.1.2. Services
1.1.2.1. Integrated Solutions
1.1.2.1.1. Hydrocarbons
1.1.2.1.2. Renewables
1.1.2.1.3. Trading
1.1.2.1.4. Power
2. Near-term Economic Challenges
2.1. O&G Operators
2.1.1. Corporate Governace
2.1.1.1. Growth vs
2.1.1.1.1. I.e. Drive FCF balance point > 0
2.1.1.1.2. Capex reinvestment
2.1.1.2. Dividend
2.1.1.2.1. Maintain dividend payment
2.1.1.3. E.g. for BP in 1Q 2020
2.1.1.3.1. $12bn Capex (future)
2.1.1.3.2. $8bn Dividend (now for shareholders)
2.1.1.3.3. With FCF in 1Q20 of ca. $1.5bn (!?)
3. Innovation
3.1. Digital Vs
3.1.1. More Apps
3.1.2. Digitise operations
3.1.3. ‘Same (new) old’...
3.2. Engineering
3.2.1. E.g.
3.2.1.1. Zen Robotics
3.2.1.1.1. Circular Economy
3.2.1.1.2. Robotic based waste recycling
3.2.1.1.3. Finland
3.2.1.2. Gravity
3.2.1.2.1. Jet Suit
3.2.1.2.2. Turbine propulsion
3.2.1.2.3. 3D printing