Oil and Gas Companies Set to Lose $1 Trillion
The E&P industry, which includes oil majors, made $2.47 trillion in revenues globally last year, according to Rystad Energy. This year, it’s projected to bring in $1.47 trillion, reflecting a 40% decline year-on-year. It comes as the coronavirus pandemic and ensuing lockdowns cripple demand and force companies to slash spending and cancel projects. The energy
Read More...