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re: Bloomberg: Big Oil Goes Looking for a Career Change

Posted on 9/16/20 at 8:28 pm to
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
16653 posts
Posted on 9/16/20 at 8:28 pm to
quote:

Bloomberg: Big Oil Goes Looking for a Career Change


A friend and manager of an exploration group in a UK based energy company told me recently that BP is going to discontinue exploration for oil and gas resources and focus on renewable energy. They will take their large reserve base and use the proceeds from production to fund the renewable possibilities. So yes it looks very much like these large petroleum companies or going to deplete themselves into a green energy model. It may be time for young professionals in these companies to look at other career possibilities as that business is going to look very different in 20 years.
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