Layoffs, furloughs, and budget cuts: We're tracking how 18 energy giants from Shell to Chevron are responding to the historic oil market meltdown

Business Insider


· The coronavirus pandemic crippled global oil demand, causing the price to collapse by as much as 75% in April, with some futures going negative for the first time in history.
· Most oil and gas giants have already slashed capital spending and dividends, laid off or furloughed staff, and changed their production targets.

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