Decarbonise oil to stay the course

Decarbonise oil to stay the course

Stakeholder pressure on energy companies is having an impact on African projects, which is not necessarily straightforward divestment.

Herbert Smith Freehills corporate partner Rebecca Major, speaking during a webinar on Africa Day, said some companies were continuing to invest in the upstream.

“There are companies out there who are staying the course,” Major said, citing increased interest in decarbonising oil and gas.