Big Oil’ Becoming ‘Small Oil’ as European Fossils Begin Shift to Renewables
Shell-oil-rig offshore Caliifornia This article first appeared on the https://climatenewsnet@theenergymix website Primary Author: Compiled by Mitchell Beer @mitchellbeer ‘Big Oil’ is showing initial signs of a transition to ‘Small Oil’, as a handful of large European fossil fuel companies invest windfall revenues from high oil prices to begin their shift to lower-carbon investments—even [...]