There is a great deal of pressure on biggest oil producers to reduce emissions. The pressure is coming both from share holders as well as legal and environment protection bodies. Big producers are required to decrease their carbon finger prints. The same is not limited upto their production and exploration activities but also to reduce emissions from the end product sold to consumers. We all know only technology can reduce carbon fingerprints from gasoline vehicles. Which means these big petroleum conglomerates are required to invest in better technology. When we talk about green technology I feel Hazer process can one of the most beneficial technology. Does the recent developments mean 1. More money and effort diverted to technologies like Hazer. 2. Is there a real chance of a takeover bid. https://www.reuters.com/business/sustainable-business/dutch-court-orders-shell-set-tougher-climate-targets-2021-05-26/
HZR Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
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