European Companies Still Investing More In New Oil And Gas Than Renewables

New investments in oil and gas, compared with new investments in renewables, based on current and historical company portfolios, for the following companies: Shell, BP, TotalEnergies, Eni, Repsol, Equinor and Galp.

Notes: *Future capital expenditures are based off current portfolios and will be higher if companies increase investment in renewables in future years.