News Desk

Oil majors Royal Dutch Shell and BP have written off billions off their assets value and lowered their oil and gas prices as companies in the sector take a big hit to revenue from an unprecedented collapse in demand due to the Covid-19 pandemic.Royal Dutch Shell will write $22 billion off the value...






Oil and gas markets recovery is likely to gather pace in the second half of the year as countries further ease lockdown restrictions and demand rises, said Opec Secretary General Mohammad Sanusi Barkindo, expressing cautious optimism that the worst is over.The huge and unprecedented oil market...






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