'Structural decline': Is it time for oil giants to shake up their investment plans?

Madeleine Cuff
clock • 6 min read

After a strong end to 2017, oil majors have some extra cash to play with - the question is, what should they do with it?

The tail end of 2017 was a good few months for oil giants, with majors from Total to BP and Statoil all posting a jump in profits on the back of higher crude prices and a strengthening global economy....

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 Investment

How Europe's 50 top sustainable companies are growing revenues faster than their peers

How Europe's 50 top sustainable companies are growing revenues faster than their peers

Corporate Knights delivers inaugural ranking of the 50 companies in Europe achieving the strongest performance against environmental, social, and governance indicators

Michael Holder
clock 10 June 2025 • 5 min read
Over 130 investment funds adopt UK sustainable disclosure labels

Over 130 investment funds adopt UK sustainable disclosure labels

Improved confidence in sustainable investment labels should lead to further uptake in the coming years, according to the FCA

Cristian Angeloni
clock 09 June 2025 • 3 min read
CDP: Councils across the UK are leading on climate, but nearly half can't afford to act

CDP: Councils across the UK are leading on climate, but nearly half can't afford to act

Non-profit disclosure platform reveals growing commitment and ambition from councils to tackle the climate crisis, but 48 per cent cite budgetary constraints as a major barrier

clock 06 June 2025 • 3 min read