Post Tagged with: "revenue gap"

Source: Reuters

Big carbon? Oil majors turn to nature to help plug revenue gap

Reuters


LONDON – Oil companies such as BP and Shell are nurturing nature as a future revenue stream, betting on an expected rise in carbon credit prices as their fossil fuel profits ebb.

BP last year put $5 million into …

December 8, 2020 - 11:30 am Carbon Capture, Closing Bell Story‎, Crude Oil News, Energy News