Total and Shell cut big chunks off their budgets

The oil price plunge prompts the world's largest oil companies to cut down investments significantly. Total and Shell must raise major amounts this year to handle the situation.

Total CEO Patrick Pouyanné points out that Total has handled critical situations before. Now, it must do so again. | Photo: Benoit Tessier/Reuters/Ritzau Scanpix

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs