Divergence in US, European majors' climate strategies narrows [Gas in Transition]
While European majors embraced climate change proactively and adopted strategies investing heavily in renewables and low-carbon projects, their US counterparts remained focused on the resilience of global oil and gas demand. Evidently this strategy is paying off. US oil and gas majors have been consistently outperforming their European counterparts, but the divergence is narrowing. [Gas in Transition, Volume 3, Issue 6]
Mike Wirth University Of Oxford Low Carbon Energy Oil And Gas Operations Clean Energy Investments Energy Transition Plans
Source: naturalgasworld.com