Back in February 2020, British oil and gas multinational BP Inc. (NYSE:BP) announced an ambitious goal to become net-zero by 2050 through, among other things, aggressively cutting oil and gas production and also undertaking one of the industry’s most expansive renewable electricity build-outs. In April of the same year, deep in the throes of the oil price crash, BP’s Dutch peer Shell Plc (NYSE:SHEL) warned that global oil demand had been permanently destroyed and effected its biggest dividend…
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