Boyden: The Evolution of Energy

A new article from Boyden shares the new trends seen in oil & gas companies within the energy sector.

Here are some of the key points:

  • Big oil & gas companies like Shell are acquiring smaller green energy to answer to demands from regulators, shareholders and the public.
  • Their efforts to diversity into renewable energy could help accelerate its mainstream adoption as they leverage their vast resources to ramp up development.
  • Shell's CEO, Ben van Beurden, set the goal of 50% reduction in carbon emissions by 2050.
  • It has started allocating up to $2 billion per year to alternative energy businesses and technologies, although some argue this isn't enough considering it's capital budget of up to $30 billion.

Read the full article

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