greenhouse gases

Reports on greenhouse gases See all

Proven oil reserves by company

Oil in the energy transition age

Concerned that demand for oil will dwindle and eventually vanish, energy companies are gradually moving away from fossil fuels and toward renewable energy sources. However, this trend does not apply to state-owned companies, which are proving less responsive to external incentives. As a result, they could end up as the main providers of oil during the remainder of the transition to green energy.

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