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…