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The moves were seen as a possible turning point as plummeting demand makes big oil companies admit they’re not worth what they used to be.
By Nicholas Kusnetz
Two of the world's largest energy companies have sent their strongest signals yet that the coronavirus pandemic may accelerate a global transition away from oil, and that billions of dollars invested in fossil fuel assets could go to waste.
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Dan Brouillette claims that coal is “essential to this nation.” One energy analyst calls his argument “both incredibly disingenuous and incredibly misleading."
By Dan Gearino
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