Oil market crash weekly update: oil majors could sell over $ 100 billion in assets to switch to renewables; CRR elects new president – Houston Public Media

Oil market crash weekly update: oil majors could sell over $ 100 billion in assets to switch to renewables; CRR elects new president – Houston Public Media

In this Wednesday, April 8, 2020, file photo, the sun sets behind an inactive pump jack near Karnes City, Texas. According to a new report from Rystad Energy, the world’s eight largest oil companies may be on the verge of giving up $ 111 billion in oil and gas resources to switch to more renewable […]

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