Oil & Money Conference Highlights the Challenge for CEOs in the Climate Fight

The video discusses the challenges faced by the energy industry in addressing climate change, focusing on the pressure to define their long-term role in the energy mix. It highlights the debate among investors about whether oil companies should transition to renewables or stick to their core oil and gas business. The video also examines the compatibility of major oil companies' capital expenditures with the Paris climate accords, revealing significant discrepancies. Finally, it explores the transatlantic divide in energy strategies, with European companies like Shell investing in power, while US majors focus on oil and gas.

What role do investors play in the decision-making of oil companies regarding their energy mix?

In what ways are US oil majors differing from their European counterparts in their energy strategies?