The fossil fuel industry is broken - will a cleaner climate be the result?

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Analysts say the coronavirus and a savage price war means the oil and gas sector will never be the same again

The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces the gravest challenge in its 100-year history, they say, one that will permanently alter the industry. With some calling the scene a “hellscape”, the least lurid description is “unprecedented”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I do hope that the fossil fuel industry will collapse

Полагаю, нет!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines