Due to the fundamental, complex and special nature of the petroleum and petrochemical industry, it plays an important role in the macro-evolution of global carbon peaking and carbon neutrality. Many petroleum companies around the world have been involved in the development of new energy in the energy transition to a greater or lesser extent, and their attitudes and strengths towards the development of new energy have varied at different stages. By sorting out the history of the development of new energy by famous petroleum companies, we can form a reference for the development of new energy by petroleum enterprises in China at present. By sorting out the changes of oil and petrochemical companies' planning and investment in new energy development, they are divided into three categories, one is the active and aggressive companies represented by BP and Shell, which saw the trend of new energy development earlier and actively invested in it; the second is the passive and conservative companies represented by ExxonMobil and Chevron, which chose a more conservative attitude towards new energy development by virtue of their dominant position in oil and gas resources; The third is the dual-track and prudent type of companies represented by Total and Eni, which have developed petroleum business and new energy business in a more balanced way. In recent years, domestic petroleum enterprises, represented by the three major oil companies, have gradually increased their investment in new energy, and the experience of foreign counterparts in developing new energy has become a referenced "stone" in the process of developing new energy for Chinese enterprises, which is of reference to the choice of carbon peak and carbon neutral development path for China's petroleum industry.

Wu Minghui. The Process of Foreign Oil Companies Developing New Energy and Its Enlightenment for China. Academic Journal of Environment & Earth Science (2024), Vol. 6, Issue 1: 84-91. https://doi.org/10.25236/AJEE.2024.060112.

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