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Oil majors actively pursuing renewable power projects for long-term sustainability, according to GlobalData

Expected low demand for fossil fuels is compelling major oil and gas companies – including BP, Total and Shell – to actively restructure their businesses to add renewable power projects in their portfolio. This will help these companies reduce their carbon intensity and align with the changing energy mix in the long run, according to . ....

Ravindra Puranik , Renewable Power In Oil Gas , Gas Analyst , Renewable Power , ரவின்ற பூரனிக் , வாயு ஆய்வாளர் , புதுப்பிக்கத்தக்க பவர் ,

Oil majors adding renewables projects for long-term sustainability


Oil majors adding renewables projects for long-term sustainability
6/10/2021
Within the renewable power sector, solar and wind energy are expected to show the highest growth rates over the next ten years.
Expected declines in demand for fossil fuels are compelling major oil and gas companies - including BP, Total and Shell - to actively restructure their businesses to add renewable power projects in their portfolio. This will help these companies reduce their carbon intensity and align with the changing energy mix in the long run, according to GlobalData, a leading data and analytics company. Moreover, oil and gas EPC vendors are enabling the energy transition by building capabilities to set up renewable energy infrastructure. ....

Ravindra Puranik , Renewable Power In Oil Gas , Gas Analyst , Renewable Power , ரவின்ற பூரனிக் , வாயு ஆய்வாளர் , புதுப்பிக்கத்தக்க பவர் ,