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Sylvester Bamkole's picture
Manager - R&D Technical Consultant , Leyton UK

BSc(Hons)Geology, MSc Petroleum Geoscience with Exploration and a wealth of international work experience in Africa, Europe and Latin America.Strong technical understanding of multiple facets of...

  • Member since 2020
  • 14 items added with 8,356 views
  • Jun 25, 2021
  • 1110 views

Equinor set out a path where strict limitations on capital allocation to the oil and gas sector mean that expected windfalls from higher oil prices can fund the quest for profitable clean energy and help keep shareholders happy along the way.

The road to energy transition will require the mother of all rebranding campaigns for big oil, but transformation into renewable energy companies is not a mirage. Equinor’s example shows a credible path.

Discussions
Matt Chester's picture
Matt Chester on Jun 25, 2021

This will indeed be a case study to watch!

Bob Meinetz's picture
Bob Meinetz on Jun 26, 2021

No Sylvester, oil companies are on no long and winding road to the energy transition - they are the authors of the mythical "energy transition". One which, more accurately, might be termed "Business-As-Usual with a Smiley Green Face".

Sylvester Bamkole's picture
Thank Sylvester for the Post!
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