Firms navigate into renewables in the face of energy transition

New challenge: A man fishes near docked oil drilling platforms in Port Aransas, Texas. With the trend to a greener future coming back in the spotlight, companies have had to try to reinvent themselves in some way or another. — AP

OIL and gas (O&G) companies continue to restrategise and reposition their operations following the continued talks toward a greener energy future.

This long-talked-about transition to green energy appears to be gaining momentum of late and has become more prevalent after it was widely publicised that the odd weather phenomenon is due to climate change in the past one to two years.