IEA: Big Oil Faces ‘Moment of Truth’ Over Renewables Investment ...Middle East

OILPRICE - Economy
IEA: Big Oil Faces ‘Moment of Truth’ Over Renewables Investment
source : OILPRICE ( Middle East ) () 47
The oil and gas industry faces a moment of truth in its choice to either support decarbonization or continue to contribute to climate change, the International Energy Agency (IEA) said in a new report on Wednesday. As energy industry professionals and policymakers are preparing for the COP28 climate summit in Dubai later this month, the IEA says that oil and gas producers looking to align with the Paris Agreement goals need to invest 50% of their capital expenditures in clean energy projects by 2030, on top of the investment needed to reduce their…

Hence then, the article about iea big oil faces moment of truth over renewables investment was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( IEA: Big Oil Faces ‘Moment of Truth’ Over Renewables Investment )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
What's next: The AI and A-I challenges for Tata group after Chandra's exit
Business Standard - before 8 hours & 48 minute
Context Labs schließt mehrjährige Vereinbarung mit Trafigura und übernimmt Kinertic zur Förderung des CO2-informierten Rohstoffhandels
PR Newswire - before 9 hours & 14 minute
5 LNG Megaprojects Poised to Power the Next Gas Boom
OILPRICE - before 8 hours & 48 minute
Rural Voice's Fifth Season Tackles Some of Rural Minnesota's Biggest Issues
PR Newswire - before 8 hours & 36 minute
Chandrasekaran's remuneration grew faster than Tata group's profits
Business Standard - before 9 hours & 2 minute
Resideo Appoints Shane Harrison as Chief Financial Officer
PR Newswire - before 7 hours & 46 minute
ChurnZero launches Retrospective, an AI churn analysis agent, expanding its Agentic Essentials package
PR Newswire - before 10 hours & 29 minute
Solar Power Is Gaining Traction With Farmers
OILPRICE - before 10 hours & 46 minute
Down But Not Out: Style overwhelms substance in tales of startup failure
Business Standard - before 9 hours & 46 minute
Vertical Data Closes $4.12 Million Private Placement
PR Newswire - before 11 hour & 14 minute
ASSUREFUL and CedCommerce Join Forces to Deliver AI-Driven Commercial General Liability Insurance to eCommerce Merchants
PR Newswire - before 10 hours & 44 minute
At above $4 a gallon, gas prices have never been this high so late in the year
Washington Post - before 9 hours & 35 minute


Latest News

MSCI India rejig: Adani Energy, Lenskart, Groww among 4 additions

before 13 minute

China sees underground market for leaks on Xi's next corruption targets

before 41 minute

Nearly 73% students drop out before finishing higher secondary: Parl panel

before 55 minute

CAG report finds 20,304 railway safety works remain unfinished in FY25

before hour & 6 minute

Nifty outlook: 24,190-24,050 crucial support zone; BHEL, Aarti Ind in focus

before hour & 32 minute

Best of BS Opinion: Time to rethink Tata Sons, Tata Trusts relationship

before 2 hours & 47 minute

Project Pigeon Consortium Launches APAC Working Group to Advance Governance Standards for Permissionless Blockchains

before 2 hours & 49 minute

MetaOptics to Deploy its Direct Laser Writer at the nano@stanford Facility

before 3 hours & 13 minute

Trump’s Bosnia Power Play Puts an Opaque Energy Deal at the Center

before 3 hours & 52 minute

Nasdaq Entrepreneurial Center launches Northwest Arkansas program to help small businesses grow and connect students to paid internships

before 4 hours & 35 minute

Victims of ‘dangerous’ card payment fraud may struggle to claim money back, Which? warns

before 4 hours & 39 minute

Ukrainian Attack Halts Operations at Key Russian Black Sea Grain Terminals

before 4 hours & 46 minute

Pepperstone Appoints New CTO to Drive AI-Native Proprietary Tech Push

before 4 hours & 47 minute

/C O R R E C T I O N -- Green Evolution Technologies/

before 5 hours & 29 minute

EIA Sees 600,000 Bpd of Middle East Oil Still Offline by End-2027

before 5 hours & 43 minute