Oil majors suffer massive losses in 2020 – Economic Times
Oil majors suffer massive losses in 2020 – Economic Times
Paris: Already under pressure from climate change, the world’s top-rated oil companies suffered historic losses in 2020 as the Covid-19 pandemic brought demand and prices down. The oil majors – BP, Chevron, ExxonMobil, Shell and Total – suffered $ 77 billion in losses for the year. Shell CEO Ben van Beurden called 2020 an extraordinary […]
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