French Minister Claims Oil Majors Must Transform To Survive

Oil companies do not stand a chance to survive if they do not transform, France’s Energy Transition Minister Agnès Pannier-Runacher told a French radio program this weekend. There is an urgent need to get out of fossil fuels, Pannier-Runacher told Radio France. “If oil companies do not transform, they will not have a chance of survival in the coming years,” the French minister noted.     Major oil and gas companies, including France’s TotalEnergies, have increased investments in their renewable energy…