Big Oil can stay relevant in low-carbon future: BP
But BP economist Spencer Dale says oil majors have to help economies tap the power behind renewable sources
Singapore
WITH tweaks to their existing business mix, Big Oil can stay relevant, even as the world moves on to embrace the low-carbon future envisaged in the 2015 Paris climate agreement, BP's chief economist has said.
In an exclusive interview with The Business Times, Spencer Dale made a case for the oil majors to step up to play "a role in helping provide energy solutions" that tap the potential of renewables in electrifying economies.
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