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2020

Coronavirus speeds up big oil's shift to green

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Paris (AFP) Aug 5, 2020
With oil prices blasted by a double blow of oversupply and demand throttled by the coronavirus crisis, some industry giants are eyeing less polluting investments as bets on a less hydrocarbon-heavy future. The world's top five oil firms - BP, Chevron, ExxonMobil, Royal Dutch Shell and Total - reported combined losses of $53 billion for the second quarter in recent days. BP announced it



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