Shell, followed BP’s footsteps in writing off $22bn worth of assets in the second quarter in anticipation of a prolonged low oil price environment. Reuters
Shell, followed BP’s footsteps in writing off $22bn worth of assets in the second quarter in anticipation of a prolonged low oil price environment. Reuters

Energy

What is the new reality for Big Oil?

The pandemic has perhaps quickened the advent of peak oil demand

Jennifer Gnana
Jennifer Gnana

July 06, 2020