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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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Opinion: Sorry, greenies: Cleaner mining companies do not mean a cleaner planet

The Globe and Mail
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Mining and oil companies, among the world’s largest polluters and emitters of planet-warming carbon dioxide, are cleaning up their acts. A process that started slowly and reluctantly is now moving with the momentum of a freight train.
That’s the good news.
The bad news is that their black-to-green transformations are not necessarily good for the planet and could even result in more carbon output, not less. ....

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