• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 3 hours China's Blueprint For Global Power
  • 2 hours Bloomberg: shale slowing. Third wave of shale coming.
  • 8 hours Boring! See Ya Clowns, And Have Fun In Germany
  • 44 mins ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 2 hours Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 7 hours USA Carried Out Secret Cyber Strike On Iran In Wake Of Saudi Oil Attack
  • 13 hours Crazy Stories From Round The World
  • 11 hours the future
  • 8 hours 5 Tweets That Change The World?
  • 7 hours Spain Is On The Edge...Clashes Between Catalonia And "Madrid"
  • 8 hours Leftists crying to make oil patch illegal friendly: 'Broken system' starves U.S. oil boom of immigrant workers: CONGRESS DO YOUR JOBS INSTEAD OF PANDERING!
  • 13 hours Climate Protesters Blocking Roads etc...
Alt Text

Oil Prices Fall After Misleading Trade War Rumors

Oil prices fell significantly on…

Alt Text

The Pipeline Lifeline For Texas Oil

Thanks to the addition of…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Big Oil Starts Climate Initiative To Win Young People Back

More than a dozen international oil companies this week announced the Oil and Gas Climate Initiative aimed at addressing the concerns expressed loudly by young climate activists led by Greta Thunberg.

Reuters reports the initiative was announced at the United Nations Climate Summit along with a series of meetings with students and other young people to hammer out the details of a long-term plan for, as Reuters put it, engaging with young people.

“It’s about dialogue and to have dialogue you have to have transparency,” Reuters quoted Equinor’s chief executive Eldar Saetre as saying. The executive also admitted addressing teenage anger on environmental issues had been “tough.”

From the reactions of some of the students and young professionals invited to the meetings, one is left with the impression that Big Oil has quite a task ahead of it. Young people simply do not trust the industry enough to believe it wants a change.

This, according to a UN official, could have negative repercussions for Big Oil’s own future and not just in the reputation department.

“The stigma this industry has acquired does not allow you to attract the best and brightest,” said Christina Figueres, former executive secretary of the UN Framework Convention on Climate Change. “And you need the best and brightest for a transformation.”

Winning young people’s trust again is essential for the oil industry which may be facing a talent crisis, a survey suggested earlier this year. One reason for this is worry about long-term job security in light of Big Oil’s much publicized shift away from just fossil fuels. Another, however, has to do with changing attitudes.

“University petroleum courses are being asked to take petroleum out of their name, because people think petroleum is the devil,” the chair of the Petroleum Group of the UK’s Geological Society, Lucy Williams, told Bloomberg in August. “I suspect some people who start on it in their education and then get turned away from it.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play