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Big Oil's Tough Clean-Energy Transition Early Movers in Decarbonization Shift Offer a Glimpse of the Hard Times ahead for Exxon and Chevron – Advanced BioFuels USA advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.
The Associated Press DALLAS Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices. Exxon Mobil Corp. reported the largest losses in its history nearly $20.1 billion for the fourth quarter, including more than $19 billion to write down the value of company assets. For the full year, it lost $22.4 billion. BP PLC posted a profit of $825 million in the fourth quarter but still lost $18.1 billion in 2020. The results came after Chevron reported last week that it lost $5.5 billion last year. Signs point to better results for the oil giants this year. Crude prices are up roughly 50 percent in the past three months, including a gain of more than 10 percent since Jan. 1, as major producers led by Saudi Arabia have cut output. ....
Europese beurzen openen hoger deaandeelhouder.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deaandeelhouder.nl Daily Mail and Mail on Sunday newspapers.
Futures voorspellen groene opening Wall Street deaandeelhouder.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deaandeelhouder.nl Daily Mail and Mail on Sunday newspapers.
Wall Street eindigt in het groen deaandeelhouder.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deaandeelhouder.nl Daily Mail and Mail on Sunday newspapers.