Markets reel as oil major opts to downgrade itself
BP’s downgrade could bring sunset closer for fossil fuels. Image: By Zbynek Burival on Unsplash This article first appeared on the www.climatenewsnetwork.net website By Kieran Cooke It’s all change as one oil major writes down its assets, seeing a possible 30-year slump ahead in global demand. This week, BP, one of the so-called super oil majors, said it was writing [...]