Majors frontrunners in alternative energy investment

07/10/2000
For many integrated oil companies, the idea of investing in the development of alternative forms of energy remains a fairly thorny pill to swallow.Few firms, after all, can seem to shake the notion that oil and natural gas will likely dominate the global energy supply landscape for the foreseeable future. Click here to enlarge imageAnd even with numerous integrated oils migrating toward the concept of "btu convergence"-loosely, taking on a more-generic role of being energy providers vs. being suppliers of oil, natural gas, and petroleum products-the thought of delving too heavily into the realm of alternative energy is met with much trepidation.Some oil companies, however, have taken act...
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