Finance

Selective, competitive, profitable: European oil majors’ wish-list to invest in renewable projects

Shell, TotalEnergies and Equinor say low carbon spending must meet non-negotiable return requirements

From left to right: Equinor’s Nora Callander, investor relations officer for ESG; Toril Bosoni, head of oil industry and markets division at the International Energy Agency (IEA); Oyvind Gundersen, renewable explorer at TotalEnergies; and Felix Faber, chief executive for Germany at Shell, speaking at ONS 2024 in Stavanger, Norway.
From left to right: Equinor’s Nora Callander, investor relations officer for ESG; Toril Bosoni, head of oil industry and markets division at the International Energy Agency (IEA); Oyvind Gundersen, renewable explorer at TotalEnergies; and Felix Faber, chief executive for Germany at Shell, speaking at ONS 2024 in Stavanger, Norway.Photo: Davide Ghilotti/UPSTREAM
Acting Breaking News EditorStavanger
Published 26 August 2024, 13:46Updated 26 August 2024, 13:46
ONS 2024ShellTotalEnergiesEquinorInternational Energy Agency