Big Oil Reports Record Losses of $28 Billion
GALWAY, IRELAND--August 10, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Some of the world's largest oil and gas companies, Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, The Netherlands), ExxonMobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) (San Ramon, California) have recorded second quarter losses for 2020 amounting to almost $28 billion.
Within this article: Details staggering Q2 losses for oil and gas majors, impact of COVID-19, reduced spending plans and outlook
