Big Oil’s unequal deal record casts a shadow over green makeover – WHTC News

Big Oil’s unequal deal record casts a shadow over green makeover – WHTC News

Tuesday, September 1, 2020 1:38 a.m. EDT

by Thomson reuters

By Ron Bousso

LONDON (Reuters) – As big oil companies prepare to spend billions on renewable energy assets to remain relevant in a low-carbon future, the industry’s uneven track record in buyouts is a wake-up call for some investors.

Ten years ago, the world’s largest energy companies were spending billions of…

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