Image for fossil fuel companies

fossil fuel companies

Fossil fuel companies extract and sell natural resources like oil, coal, and natural gas that have formed underground over millions of years from ancient plants and animals. These fuels are burned to generate energy, powering electricity, vehicles, and industries. While they have historically fueled economic growth, their use releases greenhouse gases contributing to climate change. These companies often operate large-scale exploration, drilling, and refining facilities, making them major players in the global energy market. Their operations are complex, involving environmental and economic considerations, and they are increasingly facing pressure to transition towards cleaner, renewable energy sources.