Following my earlier post on “Which Listed Oil Companies Should You Buy?“, I received a very nice and kind email from a reader sharing the same sentiments.  The reader highlighted about Clean Energy disrupting the Oil and Gas industries, just like Grab over ComfortDelgro, Netflix over Starhub and Singtel, Internet news over SPH, E-commerce over SG REITs maybe?  Will Oil giants eventually be sharing the same fate as ComfortDelgro, Starhub, Singtel, SPH etc?  My thoughts as follows.  I guess the problem is not so much in the disruption, but the lack of innovation, lack of foresight, and lack of long term investment in those companies that lag behind, despite the “sheer size and muscles” they have! 
I also think that for Keppel and Sembcorp Marine, it will be very difficult for them to have great and major success in Renewables, because while Oil companies invested heavily already long time ago in renewables,

Advertisements