Squeezed by the rise of shale and the move to renewables, the Financial Times analysts say oil companies face the choice of transitioning to low carbon technologies or becoming “carbon cash cows”, writes Andrew Ward in Deutsche Bank.
Squeezed by the rise of shale and the move to renewables, Deutsche Bank analysts say oil companies face the choice of transitioning to low carbon technologies or becoming “carbon cash cows”, writes Andrew Ward in the Financial Times.