Advertisement
Australia markets closed

  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     

  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     

  • AUD/USD

    0.6415
    -0.0010 (-0.16%)
     

  • OIL

    82.50
    -0.23 (-0.28%)
     

  • GOLD

    2,396.10
    -1.90 (-0.08%)
     

  • Bitcoin AUD

    100,830.41
    +4,694.43 (+4.88%)
     

  • CMC Crypto 200

    1,334.72
    +22.09 (+1.71%)
     

  • AUD/EUR

    0.6017
    -0.0014 (-0.23%)
     

  • AUD/NZD

    1.0891
    +0.0016 (+0.15%)
     

  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     

  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     

  • FTSE

    7,834.82
    -42.23 (-0.54%)
     

  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     

  • DAX

    17,717.55
    -119.85 (-0.67%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

This Technology Is Big Oil's Best Chance to Become Carbon Neutral

Daniel Foelber, The Motley Fool
·4-min read
This Technology Is Big Oil's Best Chance to Become Carbon Neutral

Many oil majors have now pledged some form of carbon neutrality in the coming decades in an effort to transform their brands from fossil fuel companies to all-encompassing energy companies. There are many questions surrounding the feasibility of carbon neutrality for an industry that is inherently carbon-emitting -- but one technology has the potential to make oil and gas relevant for the long term. Each oil major is handling the energy transition from fossil fuels to renewables a little differently.

Continue reading