Oil Companies Strive For Profits As They Prepare For A Greener Future ...Middle East

Economy by : (OILPRICE) -
Despite supporting a green transition through the development of renewable energy operations and the use of decarbonisation technologies, the majority of oil majors have no plans to phase out oil and gas any time soon. An increasing number of oil and gas producers are now expanding their portfolios to include renewable energy operations, from wind and solar power to green hydrogen. But this doesn’t mean they’re giving up on the energy sources that brought them all their wealth. Energy firms around the globe are going full throttle on…

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