Crude Oil Brokers Scam Blog
Wednesday 29 July 2020
Total writes down $7 billion of Canadian oil sands assets in decarbonization push
Total announced an $8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the long-term viability of some oil and gas assets. About $7 billion applies to Canadian oil sands, which are costlier and more carbon intensive than conventional fields. More »
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