Will Covid-19 mark a permanent shift in oil companies’ energy-transition strategies?

Peak oil may have already been reached, say supermajor bosses as they cut hydrocarbons spending and double down on clean-energy plans

BP boss Bernard Looney unveiling the company's ambitions to achieve net-zero emissions by 2050 back in February.
BP boss Bernard Looney unveiling the company's ambitions to achieve net-zero emissions by 2050 back in February.AFP/Getty
Published 26 May 2020, 08:35Updated 26 May 2020, 08:35