To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel

The top oil and gas firms in the world are boosting their investments in the biofuels industry in response to mounting pressure to decarbonize and move away from conventional fossil fuels. Recognizing the increasing demand for sustainable fuel sources worldwide, major firms including BP, Chevron, Shell, TotalEnergies, ExxonMobil, and Eni are integrating biofuels into their