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The Ongoing Transformation Of 'Big Oil'


When last year BP vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came as a shock to many, pushing the company s share prices down sharply. Yet since then, pressure on Big Oil to stop doing what it does has only been growing. And Big Oil is responding.
The Houston Chronicle s Paul Takahashi in a recent article detailed supermajors positioning to effectively move away from their core business and into low-carbon energy. Takahashi noted several examples of Big Oil partnering with majors from other industries to effectively reduce these other industries consumption of Big Oil s principal products: fuels. ....

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13Jul2021 Midday Update: CPI: Year-over-Year Inflation Largest Increase Since 2008, At Noon DOW Down 25 Points, Nasdaq Up 0.4%, WTI Crude Higher 74.72, Gold Steady At 1814

13Jul2021 Midday Update: CPI: Year-over-Year Inflation Largest Increase Since 2008, At Noon DOW Down 25 Points, Nasdaq Up 0.4%, WTI Crude Higher 74.72, Gold Steady At 1814
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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