in

State-run oil giants will make or break the energy transition

Storage tanks stand at an oil processing facility in Saudi Aramco's Shaybah oilfield in the Rub' Al-Khali (Empty Quarter) desert in Shaybah, Saudi Arabia, on Tuesday, Oct. 2, 2018. Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdoms economic diversification. Photographer: Simon Dawson/Bloomberg via Getty Images

Climate activists love to vilify ExxonMobil and Shell. These and other private-sector energy companies have been on the receiving end of proxy battles, legal challenges and other forms of pressure to force them to dump oil and gas in favour of renewable energy and other green technologies. The supermajors certainly make for an attractive target: they have ubiquitous distribution networks, well-known brands susceptible to consumer boycotts….


Posted by Editor

Leave a Reply

Deadspin drafts up new conferences

Deadspin drafts up new conferences

Scale Of Energy Bill Debts Threatening Millions Will 'Eclipse' Support Measures, MPs Warn

Scale Of Energy Bill Debts Threatening Millions Will ‘Eclipse’ Support Measures, MPs Warn