
Big Oil Pumps the Brakes on Its Dirty Asset Divestment
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Evolving Trends in Oil Investment and Divestment
This chapter explores the dynamic relationship between oil prices and investment strategies within the oil industry, focusing on how companies adapt their spending based on fluctuating market conditions. It highlights the shift towards efficiency and shorter-term investments, the factors influencing divestment decisions, and the implications of these trends on market efficiency and environmental accountability. Additionally, the chapter examines the contrasting strategies of national oil companies and independent firms, particularly regarding renewable energy assets amid growing domestic demands.
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