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Oil sands projects in Canada will bear the brunt of the write-down, Total said
French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons
French oil and gas giant Total yesterday announced an $8bn write-down of its most carbon-intensive fossil fuel assets, as the havoc wrought by Covid-19 on on the industry continues to push down oil prices...
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