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Module 3, intangible investment, assesses companies’ research and development (R&D) expenditure in low-carbon technologies and mitigation technologies, which is essential for oil and gas companies to transition. Low-carbon technologies are technologies that result in substantial greenhouse gas emissions reductions in other sectors of the economy, such as renewables or hydrogen derived from low-carbon sources, whereas mitigation technologies are technologies that reduce the carbon footprint of supplied energy, such as technologies that prevent methane leakages.

Ranking overview

1 Total
Total score 71.5 /100
Intangible Investment 71.5 /100
2 Engie
Total score 58.3 /100
Intangible Investment 58.3 /100
3 PTT
Total score 31.9 /100
Intangible Investment 31.9 /100
4 Hess Corporation
Total score 23.8 /100
Intangible Investment 23.8 /100
5 Petroleo Brasileiro (Petrobras)
Total score 21.2 /100
Intangible Investment 21.2 /100
6 Neste
Total score 18.9 /100
Intangible Investment 18.9 /100
7 Repsol
Total score 17.5 /100
Intangible Investment 17.5 /100
8 Eni
Total score 17.1 /100
Intangible Investment 17.1 /100
9 Suncor Energy 
Total score 16.2 /100
Intangible Investment 16.2 /100
10 Chevron Corporation
Total score 15.0 /100
Intangible Investment 15.0 /100
11 Canadian Natural Resources
Total score 10.1 /100
Intangible Investment 10.1 /100
12 Equinor
Total score 8.7 /100
Intangible Investment 8.7 /100
13 OMV
Total score 5.9 /100
Intangible Investment 5.9 /100
14 MOL Magyar Olajes Gazipari Nyrt
Total score 2.7 /100
Intangible Investment 2.7 /100
15 CPC Corporation, Taiwan
Total score 1.4 /100
Intangible Investment 1.4 /100
- Ecopetrol 
Total score 1.4 /100
Intangible Investment 1.4 /100
17 ConocoPhillips
Total score 0.5 /100
Intangible Investment 0.5 /100
18 Tatneft
Total score 0.4 /100
Intangible Investment 0.4 /100
19 Formosa Petrochemical Corp
Total score 0.1 /100
Intangible Investment 0.1 /100
20 Abu Dhabi National Oil Company (ADNOC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Ampol Limited
Total score 0.0 /100
Intangible Investment 0.0 /100
- Apache Corporation
Total score 0.0 /100
Intangible Investment 0.0 /100
- BHP Group
Total score 0.0 /100
Intangible Investment 0.0 /100
- Basra Oil Company (BOC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Bharat Petroleum Corporation
Total score 0.0 /100
Intangible Investment 0.0 /100
- California Resources Corporation
Total score 0.0 /100
Intangible Investment 0.0 /100
- Cenovus Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- Chesapeake Energy Corp
Total score 0.0 /100
Intangible Investment 0.0 /100
- China National Offshore Oil Corporation (CNOOC Group)
Total score 0.0 /100
Intangible Investment 0.0 /100
- China National Petroleum Corporation (CNPC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- China Petroleum and Chemical Corporation Limited (Sinopec)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Compania Espanola de Petroleos SAU (CEPSA)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Cosmo Energy Holdings
Total score 0.0 /100
Intangible Investment 0.0 /100
- Devon Energy Corp
Total score 0.0 /100
Intangible Investment 0.0 /100
- ENEOS Holdings
Total score 0.0 /100
Intangible Investment 0.0 /100
- EOG Resources 
Total score 0.0 /100
Intangible Investment 0.0 /100
- Egyptian General Petroleum Corporation (EGPC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Emirates National Oil Company (ENOC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Enterprise Products Partners
Total score 0.0 /100
Intangible Investment 0.0 /100
- Exxon Mobil
Total score 0.0 /100
Intangible Investment 0.0 /100
- GAIL (India)
Total score 0.0 /100
Intangible Investment 0.0 /100
- GS Holdings
Total score 0.0 /100
Intangible Investment 0.0 /100
- Galp Energia
Total score 0.0 /100
Intangible Investment 0.0 /100
- Gazprom
Total score 0.0 /100
Intangible Investment 0.0 /100
- Hellenic Petroleum
Total score 0.0 /100
Intangible Investment 0.0 /100
- HollyFrontier
Total score 0.0 /100
Intangible Investment 0.0 /100
- Idemitsu Kosan
Total score 0.0 /100
Intangible Investment 0.0 /100
- Indian Oil Corporation (IndianOil)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Inpex 
Total score 0.0 /100
Intangible Investment 0.0 /100
- Kuwait Petroleum Corporation (Q8)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Lukoil
Total score 0.0 /100
Intangible Investment 0.0 /100
- Marathon Oil
Total score 0.0 /100
Intangible Investment 0.0 /100
- Marathon Petroleum Corporation
Total score 0.0 /100
Intangible Investment 0.0 /100
- NGL Energy Partners
Total score 0.0 /100
Intangible Investment 0.0 /100
- NK KazMunayGaz
Total score 0.0 /100
Intangible Investment 0.0 /100
- Naftogaz
Total score 0.0 /100
Intangible Investment 0.0 /100
- National Iranian Oil Company (NIOC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- National Oil Corporation of Libya
Total score 0.0 /100
Intangible Investment 0.0 /100
- Naturgy Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- Nigerian National Petroleum Corporation (NNPC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Novatek
Total score 0.0 /100
Intangible Investment 0.0 /100
- Occidental Petroleum
Total score 0.0 /100
Intangible Investment 0.0 /100
- Oil and Natural Gas Corporation (ONGC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Origin Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- PBF Energy 
Total score 0.0 /100
Intangible Investment 0.0 /100
- Pertamina
Total score 0.0 /100
Intangible Investment 0.0 /100
- PetroSA
Total score 0.0 /100
Intangible Investment 0.0 /100
- Petroecuador
Total score 0.0 /100
Intangible Investment 0.0 /100
- Petroleos Mexicanos (Pemex)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Petroleos de Venezuela (PDVSA)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Petroleum Development Oman (PDO)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Petroliam Nasional Bhd (PETRONAS)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Phillips 66
Total score 0.0 /100
Intangible Investment 0.0 /100
- Pioneer Natural Resources 
Total score 0.0 /100
Intangible Investment 0.0 /100
- Polski Koncern Naftowy Orlen (PKN Orlen)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Qatar Petroleum
Total score 0.0 /100
Intangible Investment 0.0 /100
- Reliance Industries
Total score 0.0 /100
Intangible Investment 0.0 /100
- Rosneft
Total score 0.0 /100
Intangible Investment 0.0 /100
- Royal Dutch Shell
Total score 0.0 /100
Intangible Investment 0.0 /100
- SK Innovation
Total score 0.0 /100
Intangible Investment 0.0 /100
- Santos 
Total score 0.0 /100
Intangible Investment 0.0 /100
- Saras
Total score 0.0 /100
Intangible Investment 0.0 /100
- Sasol
Total score 0.0 /100
Intangible Investment 0.0 /100
- Saudi Aramco (SABIC)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Shaanxi Yanchang Petroleum Group
Total score 0.0 /100
Intangible Investment 0.0 /100
- Sinochem Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- Sonangol
Total score 0.0 /100
Intangible Investment 0.0 /100
- Sonatrach
Total score 0.0 /100
Intangible Investment 0.0 /100
- State Oil Company of Azerbaijan Republic (SOCAR)
Total score 0.0 /100
Intangible Investment 0.0 /100
- Surgutneftegas
Total score 0.0 /100
Intangible Investment 0.0 /100
- Targa Resources
Total score 0.0 /100
Intangible Investment 0.0 /100
- TurkmenGaz
Total score 0.0 /100
Intangible Investment 0.0 /100
- Türkiye Petrol Rafinerileri
Total score 0.0 /100
Intangible Investment 0.0 /100
- Ultrapar
Total score 0.0 /100
Intangible Investment 0.0 /100
- Valero Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- Varo Energy
Total score 0.0 /100
Intangible Investment 0.0 /100
- Viva Energy Group
Total score 0.0 /100
Intangible Investment 0.0 /100
- Woodside Petroleum
Total score 0.0 /100
Intangible Investment 0.0 /100
- YPF
Total score 0.0 /100
Intangible Investment 0.0 /100
- bp
Total score 0.0 /100
Intangible Investment 0.0 /100