JRL NEWSWATCH: “Rosneft announces energy transition strategy as climate conference approaches” – bne Intellinews

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

“Oil giant Rosneft announced the creation of a plan to transition to green energy, but also warned that fossil fuels would never fully be replaced.”

“Russian state oil major Rosneft is developing a new strategy centred on the transition to renewable energy resources. … [according to] CEO Igor Sechin …. However, … [he] stress[ed] that oil and gas would continue to be crucial sources of energy in the short term. …[and] warned that renewables could never fully replace fossil fuels …. Historically, Russia is the world’s third-biggest producer of CO2 according to … Carbon Brief. ….”

Click here for: “Rosneft announces energy transition strategy as climate conference approaches; Oil giant Rosneft announced the creation of a plan to transition to green energy, but also warned that fossil fuels would never fully be replaced” – bne Intellinews