As industry seeks access to renewables, the global oil and gas map is changing

According to consulting firm Wood Mackenzie Ltd., the oil industry's relationship with renewable energy is reshaping the global oil map.

According to Andrew Latham, vice president at Wood Mackenzie, in a new report, oil majors that want to reduce their carbon footprint will need to move their operations to energy basins where drilling rigs can be powered by renewable energy sources and which have plenty of space for carbon seques....