Energy_Transition

Estimated $1 trillion oil and gas windfall could speed decarbonisation: WoodMac

Report calls for oil and gas companies to increase decarbonisation capex and collaboration amid record cashflows

Record cashflow: new analysis by Wood Mackenzie shows that if oil prices are sustained, companies could have a $660 billion war chest to tackle decarbonisation — Record cashflow: new analysis by Wood Mackenzie shows that if oil prices are sustained, companies could have a $660 billion war chest to tackle decarbonisationPhoto: AFP/SCANPIX

Josh Lewis

Perth

Wood Mackenzie Shell Tom Ellacott David Clark Africa

Published 19 August 2021, 10:58Updated 23 August 2021, 16:16