Why is big oil backing energy-tech startups?

by | August 23, 2017 12:13 am

Top oil companies like Shell, Total, BP and ExxonMobil are betting big on green energy start-ups signalling that the future of oil may be green. According to a compilation by Bloomberg, these oil companies are putting money into ventures probing the edge of energy technologies. The investments go beyond wind and solar power into projects…

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