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Last week it was a column in Bloomberg making this point. Now it's Reuters. "solar, wind and batteries have dealt the LNG industry's energy transition pitch a death blow." Interestingly they both say Exxon's desire to buy more LNG capacity is a dumb move. Rare to see Exxon questioned.
Breakingviews - Exxon's natural gas M&A push is pipe dream
The $574 ‌bln oil major may have eyed Australia’s Woodside and other producers in Asia. A ​purchase might work if the ​region really needed LNG as a ⁠transition fuel. But the success of ​renewables an...
www.reuters.com
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Justin Mikulka