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Shrink to fit: the year Big Oil starts to become Small Oil | Hellenic Shipping News Worldwide

Europe’s Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies, in stark contrast to the previous year when energy prices collapsed as the coronavirus pandemic hit travel and economic activity. . ....

United States , United Kingdom , White House , District Of Columbia , Ben Van Beurden , Elaine Hardcastle , Ron Bousso , Sabrina Valle , Alasdair Mckinnon , Ben Cook , Scottish Investment Fund , Europe Big Oil , Us Energy Information Administration , Small Oil , Bp Capital Fund Cook , Bp Capital Fund Advisors , Bernstein Research , Big Oil , Royal Dutch , Exxon Mobil , Middle East , Scottish Investment , Chief Executive Mike Worth , Russ Mould , Chief Executive Officer Ben ,