StockWatch: Oil Giants Accelerate to Low Carbon
Shell will reduce its greenhouse gas emissions more quickly than planned following a legal ruling in the Netherlands. As a result, Shell must cut its CO2 emissions by 45% compared with 2019 levels by 2030.
BP sees a strong recovery in global crude demand and expects it to last for some time, according to their CEO.
With Brent crude closing above $70 a barrel last week, will we see another visit to this peak anytime soon?
Timestamps:
- RDSA 02:50
- BP 03:55
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