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Oil Industry Eyes Renewable Energy for Future Growth

Oil and gas majors may be committing up to a fifth of their total investment in green energy projects after 2030 as hydrocarbons production declines.…

Oil & Gas | Renewable Energy | Europe | Statoil | Shell | Wood Mackenzie

Industrial Info

Tue Jun 20 2017

Oil Industry Eyes Renewable Energy for Future Growth

Oil and gas majors may be committing up to a fifth of their total investment in green energy projects after 2030 as hydrocarbons production declines. A growing number of key oil and gas players are starting to invest in renewable energy projects but analysis from Wood Mackenzie Limited (Edinburgh, Scotland) suggests that major energy companies like Royal Dutch Shell plc »