An industry ‘operating on borrowed time’: Energy experts on the increasing risks ahead for Big Oil

Big Oil endured a brutal 12 months by virtually every measure last year and the global oil and gas industry faces significant challenges and uncertainties as it seeks to recover. In 2020, the coronavirus pandemic coincided with a historic demand shock, falling commodity prices, evaporating profits, unprecedented write-downs and tens of thousands of job cuts. …

The post An industry ‘operating on borrowed time’: Energy experts on the increasing risks ahead for Big Oil first appeared on Hellenic Shipping News Worldwide.

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