Market Research Report
Renewable Power in Oil and Gas - Thematic Research
|Published by||GlobalData||Product code||1009984|
|Published||Content info||44 Pages
Delivery time: 1-2 business days
|Renewable Power in Oil and Gas - Thematic Research|
|Published: May 31, 2021||Content info: 44 Pages||
The oil and gas majors are actively restructuring their businesses to incorporate renewable energy capabilities in their portfolio. This has a two-way benefit of reducing their carbon footprint, while also nurturing high returns from this emerging market. The majors are utilizing their cash resources to build a new paradigm shift in the energy sector through investments in renewable energy projects, especially solar and wind power. The growing involvement of the oil and gas industry players in the renewable energy sector will further boost the rapid developments in low-carbon energy production.