Climate crisis and Covid-19 conspire…

Climate crisis and Covid-19 conspire…

Tullow Oil may emerge as the latest casualty of the coronavirus this week as it prepares to lay bare the toll of a difficult year, amid growing investor concern for the oil industry in the months and years ahead.

The troubled exploration company has already lost more than half its market value since the start of 2019 as the Covid-19 outbreak punctured rising oil markets and cast doubt on the size of world energy demand in the year ahead.

Source: Yahoo Finance

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