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Why did Amazon suddenly turn to major oil companies? :: Investor.bg



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Why did Amazon suddenly turn to big oil companies?

Photo: Reuters

For years, leading technology companies such as Amazon, Microsoft and Facebook have been fueling their renewable energy data centers, while billions of dollars of multimillion-dollar founders come together to invest in new technologies to obtain a future cheaper and more efficient in terms of energy. , wrote Tsvetana Paraskova for Oilprice.

In the past, Amazon has stated on several occasions that it continues betting to achieve the goal of using 100% clean energy for its global infrastructure.

Even so, ironically, the company of Jeff Bezos focuses on large oil companies by linking their cloud services to the oil and gas industry to help the grain in their field to optimize their production and reduce the time of production. thus increasing yields.

For Amazon Web Services (AWS), the relationship with oil and gas companies also means business and profits, despite the need for Bezos to support renewable energies.

Two years ago, Amazon launched a project to unite the companies in question to its customer network, according to documents presented by Gizmodo.

According to them, the technology company enumerates a dozen names of large oil companies as potential and existing customers, including ExxonMobil and Chevron, as well as Saudi Aramco, BP, Shell, ConocoPhillips, Hess, Halliburton, Schlumberger and Woodside.

"There is a lot of irony in many companies that are supposed to play an important role in technological innovation and technological advances, in fact things go back," says Michael Mann.

Despite promises to do all the operations in a massive and sustainable cloud service, Amazon seems to be "dirty" again, fueled by the growing share of fossil fuels.

AWS sells its service to gas, oil and coal companies to help them achieve faster and faster extraction of fossil fuels polluting the terrain.

In March this year, just two months after Amazon surpassed Microsoft as the most valuable public company in the world, the technology giant sent its representatives to speak to the IHS Markit CERAweek event, which brought together Large oil and gas companies, related to the future of energy.

Earlier this year, Amazon announced its ambitious new zero emissions target to 50% of all shipments by 2030.

The company has invested in several solar and wind projects, including the wind farm of Snyder, in the west of Texas.

Although Greenpeace claims that Amazon's commitment to renewable energies is stagnant, this week the company announced three new projects of clean energy: wind farms in Ireland, Sweden and the United States.

Jeff Bezos, together with Bill Gates, Richard Branson, Jack Ma and Mark Benioff, create the best energy to invest in new technologies to find a better and more efficient way to extract clean energy.

Although environmentalists point to a clear mismatch between the idea of ​​Amazon's dependence on clean energy and helping oil companies, the technological giant sees the benefits of doing so as a means to support their efforts to develop alternative energy sources.

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