Big Oil’s Green Retreat Marks First Investment Decline Since 2017

Big Oil’s Green Retreat Marks First Investment Decline Since 2017

The world’s top oil and gas companies slashed investments in green energy in 2025 from a year earlier, for the first decline in their spending on low-carbon energy solutions since 2017, a new report by BloombergNEF showed on Wednesday.  Last year, the largest oil and gas firms slashed investments in green energy by more than one-third: to $25.7 billion, down from $38.2 billion in 2024, the report found.  The supermajors are now prioritizing thei…

Oil, Gas Majors Cut Green Spending for First Time Since 2017

The world’s largest oil and gas companies ratcheted back investment in the energy transition in 2025, marking the first annual decline in eight years, according to BloombergNEF.

Capital shifts back to oil as transition stalls: by Oil & Gas 360

(By Oil & Gas 360) – The global energy system is being pulled in two directions at once. On one side, major oil companies are scaling back spending on low-carbon projects, marking the first decline in transition-focused investment since 2017. On the other hand, the latest geopolitical shock tied to the Iran conflict is reinforcing how exposed the world remains to fossil fuel supply disruptions and why the push to diversify energy sources is resur