Are oil giants finally pivoting towards a greener future?

clock • 7 min read

Statoil releases a 'climate roadmap', as Shell boss warns public faith in fossil fuel industry is disappearing - are oil giants at last waking up to carbon bubble risks?

With grand speeches, new climate strategies, the offloading of carbon intensive assets, and even changes in executive pay structures, the last few weeks has provided some intriguing evidence that oil firms...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'A step in the right direction': Energy price cap tipped to fall seven per cent

'A step in the right direction': Energy price cap tipped to fall seven per cent

Update from Cornwall Insight promises some welcome relief for households, but businesses warn promised funding to improve domestic energy efficiency is still needed

James Murray
clock 19 May 2025 • 4 min read
ENGIE and CDPQ to pump up to £1bn into Dinorwig and Ffestiniog hydro storage refurb

ENGIE and CDPQ to pump up to £1bn into Dinorwig and Ffestiniog hydro storage refurb

Refurbishment programme aims to extend life of Dinorwig and Ffestiniog plants that provide around three quarters of the UK pumped hydro storage capacity

Stuart Stone
clock 16 May 2025 • 4 min read
Bute Energy's Sid Anverali: The green economy is an 'innovation engine'

Bute Energy's Sid Anverali: The green economy is an 'innovation engine'

Sid Anverali, project director at Bute Energy, reflects on the key challenges and biggest growth opportunities within the green economy

BusinessGreen staff
clock 13 May 2025 • 3 min read