March 31, 2021
Oil & Gas: How Q4 2020 earnings calls explored the challenges of a historic year
2020 may have been the most challenging year the world has faced since the beginning of the oil age. The pandemic, the resulting restrictions on mobility and the impact on economies (and oil demand) dominated for almost the entire year. In the fourth quarter, the reset continued. Demand and prices rose in the quarter, but oil and gas companies face tough choices allocating capital between core and renewables business. An EY article provides details.