A Major Turn: Big Oil Bets on Biofuels with More than 40 Projects Planned by Turn of Decade
by Lars Klesse and Kartik Selvaraju (Rystad Energy) Under increasing pressure to decarbonize and shift away from traditional fossil fuels, the world’s leading oil and gas companies are ramping up investments in the biofuels sector. Major players such as BP, Chevron, Shell,