Among oil majors promising renewable investments, only one stands out as leader of the pack
Among oil majors promising renewable investments, only one stands out as leader of the pack
Investments in solar and wind energy projects by the world’s oil majors until 2025 are expected to exceed $18 billion, a Rystad Energy analysis finds. But a closer look at the numbers reveals that some $10 billion, or 55% of the amount, is expected to be invested by a single company, Equinor, the only operator poised to direct a majority of its greenfield capex towards renewable energy...