Progress and Enlightenment of International Oil Companies'Transition to Low-Carbon Energy under

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International oil companies\' transition to lowcarbon energy under low oil pricesrnDirectly acquiring new energy companies or establishing new energy sectorsrnThe direct acquisition of high-quality new energy companies with potential for development is the fastest way for international oil companies to achieve energy transition.As reported in the 2016 annual report,TOTAL plans to raise the percentage of low-carbon energy assets in its overall assets to 20% by 2035,mainly through the direct acquisition of high-quality new energy companies.
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