ABSTRACT
International companies are recognising that many emerging economies and developed countries globally have enacted new energy policies to promote their fossil to clean renewable energy transformation whilst reducing their fossil fuel consumptions so as to meet their Paris Agreement commitments. This has led many leading energy companies, including gas and oil companies, to adopt new corporate strategies to reduce their GHG emissions and to make new investments into renewables. Experts have reported that the new renewable energy investments by leading oil and gas companies globally have already grown by over USD3 billion over the last five years. Looking ahead, these are expected to grow further in the foreseeable future. The clean renewable energy growths in various leading oil and gas energy companies, including state-owned enterprises and multinational companies, will be discussed in more detail in this chapter with international business examples.
