Image:
BP expects Covid-19 to have enduring dampening impact on oil prices
Oil and gas giant warns of 'enduring impact' of Covid-19 crisis which it expects will accelerate transition to net zero economy
BP expects to slash the value of its oil assets by as much as $17.5bn in the wake of the coronavirus crisis, as the company today predicted the pandemic is likely to have an "enduring impact" on the global...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Choose from 3 paid membership levels or start a 7-day no strings trial
