...A. Exploring Alternative Futures: Making good progress on strategy. 1. Many elements of it made good progress from 2Q results. a. 2. IR program helping people to further understand context Co. is operating in. 3. Energy outlook provided earlier this year. Chemicals event upcoming soon. a. 4. Industry has grown massively over last 60 years. Co. is about 4 times as big as Co. was back 60 years ago. a. b. That's a massive change. c. It is for as much as Co.'s interest got bigger, in many ways, it's arguably pretty unchanged from the past. d. In 1950s, hydrocarbons, oil, gas and coal were about 80% of energy system. i. Today, they are about 80% of energy system. ii. Solar, PV and wind are less than 2% of energy system today. 5. Challenges Co. faced in growing energy system, they were challenging. Co. moved into deepwater. a. b. Created LNG business....
