The global oil & gas industry experienced a 22% drop in social media posts on renewable energy in Q1 2023 compared with the previous quarter, with the highest share accounted for Reliance Industries, according to GlobalData’s analysis of social media posts. With the growing importance of renewable energy in the global energy mix, key oil and gas companies are competing to be best positioned to benefit from investments in renewable energy. GlobalData’s Renewable Energy in Oil and Gas Thematic Intelligence report highlights the various trends, analyses the solar, wind power, and biopower value chains and identifies top players across different segments. Buy the report here.
Notably, renewable energy was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions ahead of lng and hydrogen, according to GlobalData.
Of the 50 leading companies in the oil & gas industry, Reliance Industries had the most mentions of renewable energy in Q1 2023. GlobalData identified 17,422 renewable energy-related posts in the industry's social media activity - 13% of all posts - and a decrease of 22% in Q1 2023 compared with Q4 2022.
For further understanding of GlobalData's Renewable Energy in Oil and Gas – Thematic Intelligence buy the report here.