Key role for oil companies given oil demand growth potential Low-cost OPEC oil seen having long-term advantage Majors’ big project expertise still being called upon Global oil and gas producers, facing a pummeling from environmental activists and shareholders, can rely at least for a while on persistent oil demand and a need for their expertize and scale, even as pressure increases for them to diversify. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Recent days have seen an upsurge in pressure on the global oil majors, with activist investors securing changes to the board of directors at ExxonMobil, and Chevron compelled by shareholders to set tougher long-term emissions targets. Shell has been ordered by a Dutch district court to accelerate its emissions reductions, while in the same week its French rival changed its name to TotalEnergies to reflect its transition goals. Opinions vary as […]