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Energy Transition

Oil Firms Ramp Up Low-Carbon Spend

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IOCs and NOCs in 2021 announced low-carbon investments of over $53 billion — up 67% from 2020, according to Energy Intelligence’s latest Low-Carbon Investment Tracker. Europe’s majors remain most active, but US peers and NOCs are picking up the pace.

Topics:
Hydrogen, Biofuels (incl. SAF), Nature-Based Solutions, Renewable Electricity , Emerging Technologies, Carbon Capture (CCS), Mobility, Electric Vehicles
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