Reports: Oil majors prepare to launch renewables investment fund

Madeleine Cuff
clock • 2 min read

Seven oil companies, including BP, Saudi Aramco and Statoil, will later this week launch an investment fund to accelerate development of low-carbon technologies

A group of seven major oil companies is poised to launch a groundbreaking new investment fund to accelerate the development of low-carbon technologies, according to Reuters reports. At a high profile...

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