Clouds shadow oil majors despite dividend delight

Global warming and Covid-19 challenges cast shadows even as oil and gas firms return profits to shareholders through dividends and buybacks

Pumped up: pump jacks operate in a Midland, Texas oilfield. Energy companies spent the first quarter of 2021 recharging after a draining pandemic year
Pumped up: pump jacks operate in a Midland, Texas oilfield. Energy companies spent the first quarter of 2021 recharging after a draining pandemic yearPhoto: AP/SCANPIX
Published 3 August 2021, 11:11Updated 3 August 2021, 15:52