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Why do big oil companies invest in green energy?

Summary by The Conversation
A flare burns natural gas at an oil well on Aug. 26, 2021, in Watford City, N.D. AP Photo/Matthew BrownSome major oil companies such as Shell and BP that once were touted as leading the way in clean energy investments are now pulling back from those projects to refocus on oil and gas production. Others, such as Exxon Mobil and Chevron, have concentrated on oil and gas but announced recent investments in carbon capture projects, as well as in lit…

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The Conversation broke the news in on Wednesday, September 17, 2025.
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