Time to step-up some investments

M

MEDIUM RISK for entreprises

  • Fragmentation

  • Internationalization

  • Capital Intensity

  • Profitability

  • Fragmentation

  • Internationalization

  • Capital Intensity

  • Profitability

  • Increased capital discipline
  • Structural growth from new energy
  • Reduced break even cost points
  • Secular substitution of fossil fuels
  • Important political risk exposure
  • High degree of competitive intensity