Financial Times: Energy majors eye swifter shift to green
David Sheppard, Energy Editor
Extracts
This week brings quarterly results from the world’s biggest energy companies. Some will beat expectations, some will miss, and after a brief flurry of algo-driven share price adjustment your average investor will carry on hating oil stocks, regardless.
John Browne, the former BP chief, said last week that it felt like the energy transition was “collapsing in time”, with changes towards cleaner energy that were once expected to take decades now being demanded by the public — and increasingly investors — within years.
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