The oil giant nowadays prioritizes liquefied natural gas (LNG) for reducing oil output.

The CEO of the company expressed its commitment to net-zero emissions strategy so the investment reaches 4 billion US dollars annually. Since the company is a global organization, this decision sends a powerful signal to the broader sector.  

On the other hand the shareholders have concerns about the long-term viability of prioritizing LNG over a compelling clean energy transition strategy. 

[Source: www.ft.com]