The oil and gas industry is laying off workers at an unprecedented pace to cope with a pandemic that crashed energy prices and raised doubts about the future of fossil fuels. The oil, natural gas, and chemicals industry in the U.S. eliminated 107,000 jobs between March and August of this year, according to a report
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Despite the upheaval from COVID-19, energy and industrial leaders will likely continue to commit their companies to decarbonization programs, according to Deloitte. The consultancy reported Wednesday that it has surveyed 600 C-suite executives and other senior corporate leaders about low-carbon trends and strategies. “This year has turned out to be a decisive one for the
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