What’s Next For Big Oil?

Something unthinkable is happening in Big Oil, and it’s not the demand slump or the spending cuts or the layoffs. With the exception of the demand slump, we’ve seen all this before--more than once, in fact.  No, what’s unthinkable is that Big Oil appears to be planning to stop being Big Oil. It’s not a joke. Three of the world’s biggest oil and gas companies are planning to become net-zero carbon emitters by 2050. And, as Energy Intelligence noted recently in an industry analysis, there are only two ways to attain…