Big Oil follows Silicon Valley into backing green energy firms
As it seems that the end could be nearing for the age of oil, global oil majors are now investing in green startups as they scope out alternative methods of survival.
BY ANNA HIRTENSTEIN, BLOOMBERG
Major oil companies are joining Silicon Valley in backing energy-technology start-ups, a signal that that those with the deepest pockets in the industry are casting around for a new strategy.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Oil companies' cost reductions now starting to show
For subscribers
