Burning ambition or crude awakening? How investors view oil giants' growing interest in renewables

clock • 8 min read

Tie-ups look set to become a leading trend as oil and gas companies scramble for a piece of the zero carbon pie

Hell freezing over' refers to something that will never happen. But when north Texas freezes over, it not only dominates the news agenda, but tries to hang that agenda on the renewable vs fossil fuel energy...

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

Author spotlight

Sam Shaw

More on Investment

'Clearing exercise' separating the renewables infrastructure trust wheat and chaff

'Clearing exercise' separating the renewables infrastructure trust wheat and chaff

Renewables investment firms have faced significant headwinds in recent years, but some of the best performing trusts point to a route forward for the consolidating sector

Michael Nelson, Investment Week
clock 28 August 2026 • 5 min read
'Climate comeback': Private capital for green funds surpasses last year's total

'Climate comeback': Private capital for green funds surpasses last year's total

New data reveals private capital secured by climate-focused funds in the first six months of 2026 has reached $5.5bn, exceeding the total for the entirety of 2025

Stuart Stone
clock 27 August 2026 • 3 min read
BloombergNEF: Global renewables investment fell to $327.5bn in first half of 2026

BloombergNEF: Global renewables investment fell to $327.5bn in first half of 2026

Global investment in large-scale solar, offshore wind and onshore wind dropped during the first of the year following changes to China's policy framework

Michael Holder
clock 27 August 2026 • 3 min read