- Jun 25, 2021 8:29 am GMT
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.
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