Oil majors wipe $ 80 billion off pounds as epidemic and energy transition bite – Reuters

Oil majors wipe $ 80 billion off pounds as epidemic and energy transition bite – Reuters

LONDON (Reuters) – The world’s leading energy companies have cut the value of their oil and gas assets by around $ 80 billion (£ 60.05 billion) in recent months after downgrading long-term outlook fuel prices following the coronavirus epidemic and the energy transition. FILE PHOTO: An Exxon gas station is seen in Houston, Texas, U.S. […]

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