Big Oil showing new interest in renewables in departure from biofuels
Analysts say the recent spate of investments in renewable energy by the likes of Exxon Mobil (XOM -0.9%) and Total (TOT +0.5%) shows the supermajors recognize the potential for growth in low-carbon sources of energy, but it is too early to know if the moves represent a broader push by oil companies at large to diversify their clean energy holdings.