State of the market
There has been a general shift in focus of oil and gas corporate venturers since GCV began tracking them in 2014. That shift continued through 2020 as well. Most of the disclosed investments by oil and gas corporate investors over the past decade have been going into non-core areas, such as cleantech, IT, mobility and transport technologies.
It would be an understatement to say that 2020 was an eventful year for the oil and gas industry. The outbreak of the…
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