Murphy Oil Corp
Murphy Oil Energy Data Preview
In 2023, Murphy Oil disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Murphy Oil disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
However, Murphy Oil did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.
| Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Non-renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Electricity Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Murphy Oil’s Energy Management Data
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Insights into Murphy Oil's Energy Renewability
In 2023, Murphy Oil consumed a total of 13.87 million Gigajoules of energy across its operations. Of this total, 0.38% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.62% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a
Murphy Oil's Energy Renewability Rate
How much of Murphy Oil's energy consumed is renewable?
In 2023, Murphy Oil consumed a total of 13.87 million Gigajoules of energy, of which 0.38% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Murphy Oil has considerable room to improve its energy sustainability strategy.
Are Murphy Oil's energy practices becoming more sustainable?
Since 2020, Murphy Oil's total energy consumption increased by 39.19%, including a 5.13% increase in 2023, reflecting a sustained rise in overall energy demand. a
Over the same period, the share of renewable energy decreased by 29.02%, with a further 26.49% drop in 2023, highlighting a weakening in renewable energy performance. a
Overall, Murphy Oil is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.
Murphy Oil's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed