Majors slash spending in oil market crunch

Shell, Total, Chevron slash budgets in bid to position portfolios for eventual recovery

Capex cuts: Shell chief executive Ben van Beurden — Capex cuts: Shell chief executive Ben van BeurdenPhoto: KAIA MEANS

Anamaria Deduleasa

London

Published 26 March 2020, 09:21Updated 26 March 2020, 09:21

Shell Chevron Patrick Pouyanne Aker BP Eni