Investors to Big Oil: Energy transition is happening, and there’s no going back
Investors in big oil – you have put your money into companies that ride every single virtue quest they can possibly find. But that’s what you want because those companies have not been this way since yesterday. Oil&Gas needs renewal and part of this renewal is that some of the old must go away and the rest of the old will be cut to size. Innovation hits the oil patch and it’s not just engineers – it’s also business models. Maybe the pains of big oil are a good thing after all.