Pixie Chart of the week | European oil majors adopting clean energy approach

Oil majors across the globe have been stepping up investment into clean energy over the past decade, with some having plans to invest up to 20% of capital budgets into low-carbon energy by 2030.

Following Shell’s advancements in the clean energy space, historically through biofuel investment, but more recently through acquisitions such as Limejump in March, battery provider Sonnen in February and UK energy supplier First Utility (now rebranded as Shell Energy) in December, we have taken a look at the progress made by other oil majors.
 

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