The News Of Tomorrow, Today
The News Of Tomorrow, Today
oil and gas
Pregnant polar bears enter dens when they give birth for up to eight months. The process makes bear mums super vulnerable — they fast, surviving off the fat on their bodies, and can lose up to 43% of their body weight. And in that environment, the mums must care for…
Oil giants are coming to terms with their impending doom. That’s especially true these days for BP, the London-based multinational fossil fuel corporation most notorious for causing the Deepwater Horizon oil spill in 2010. The company announced Monday it’s writing down up to $US17.5 ($25) billion on its assets in…
The coronavirus has sent oil demand plummeting, and it may never return to where it once was. In a stunning admission, Shell CFO Jessica Uhl told investors she sees “major demand destruction that we don’t even know will come back.”
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