I'm not questioning what they invented, I'm highlighting their business model, how they actually make money.
Total or Shell use a lot of state of the art technology to mine, they are still oil companies.
Total or Shell use a lot of state of the art technology to mine, they are still oil companies.
If an oil company creates new technology to extract oil, then they are (obviously) a technology company. If an oil company outsources all technology development, they are not.