Big Oil 'cannot have its cake and eat it' with energy transition spin-offs: HSBC

Supermajors taking renewables arms public could unlock value from high pure-play multiples but thwart climate ambitions, says new report from investment bank

Oil giant Total's refinery in Donges, France
Oil giant Total's refinery in Donges, FranceFoto: STEPHANE MAHE
Published 6 January 2021, 17:09Updated 11 January 2021, 17:53