BP, Shell, and Equinor Shift Focus Back to Oil and Gas, While New Investments in ESG, Carbon Capture, and Renewables Highlight Growing Tensions
LONDON, Nov 18 (Reuters) — After nearly five years of pushing an ambitious agenda to transform into low-carbon energy players, BP and other European oil giants, including Shell and Equinor, are recalibrating their strategies. Amid rising energy prices and increasing market volatility, these companies are scaling back their investments in renewable energy, carbon capture, and […]
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