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3 Oil Majors That Bet Big On Renewables

Green Car Congress

AUGUST 31, 2020

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

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Oil Renewable Wind Gas-Electric 418
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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

Green Car Congress

MARCH 24, 2022

The agreement replaces the existing agreement signed with Delta in 2019 to purchase 10 million gallons per year and bolsters Delta’s commitment to incorporating SAF into its operations. billion of revenue, inclusive of the value from environmental benefits, for Gevo over the seven-year term of the agreement.

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