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Column / Harder Line

Why big oil is slowly turning green

Illustration: Rebecca Zisser / Axios

The world's biggest oil and natural gas companies are inching toward greener businesses, driven by a handful of market and policy trends.

Why it matters: The shift shows that global oil companies see cleaner energy technologies as sound investments, not merely greenwashing and public relation stunts. The changes, underway at most international oil producers and particularly pronounced among European firms, are happening even as President Trump's policies are heading in the other direction.