Industry faces tough calls on R&D spending amid Covid-19 crisis

Oil price shock could accelerate drive to develop digital and low emissions technologies — if the funding is there

Standing by: members of the Houston Fire Department outside a temporary hospital set up last month at NRG Park, where the Offshore Technology Conference is normally held. This year's event was cancelled because of the Covid-19 emergency.
Standing by: members of the Houston Fire Department outside a temporary hospital set up last month at NRG Park, where the Offshore Technology Conference is normally held. This year's event was cancelled because of the Covid-19 emergency.Photo: AP/SCANPIX
Published 30 April 2020, 08:46Updated 1 May 2020, 07:36