Analysis: Oil and gas majors slashed low carbon spending by 65 per cent in 2025

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Low carbon investment from seven leading oil and gas companies plummeted to lowest level since 2019 last year, according to Bloomberg New Energy Finance analysis

The world's leading oil and gas companies collectively slashed investment in low carbon technologies and projects by almost two thirds last year, as their spending on the clean energy transition plummeted...

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