The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a focus on fossil fuels.

OIL prices fell about 2 per cent to a two-month low on Tuesday on weak economic news from the US and Germany that fed fears ...

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