Oil & Gas Group
This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.
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Corona crisis is only the beginning for the oil sector: demand is getting smaller
I did this interview last week just as oil majors were reporting big losses for 2020 — apparently peak oil has already arrived and investors are noticing.
Corona crisis is only the beginning for the oil sector: demand is getting smaller
Oil giants BP, ExxonMobil and Shell made billions in losses in the past year as a result of the corona crisis . In the background is another trend: the global economy needs less and less oil. This development appears to be accelerating.
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