European oil majors record big write-downs

But results at Shell, BP and Total are cushioned by trading operations, unlike US rivals Chevron and ExxonMobil

Signing off: BP, Shell and Total all suffered recoord write-downs due to the fallout from the Covid-19 pandemic — Signing off: BP, Shell and Total all suffered recoord write-downs due to the fallout from the Covid-19 pandemicPhotos: AP/AFP/SCANPIX

Rob Watts

London

BP Shell Total Bernard Looney Ben van Beurden

Published 6 August 2020, 06:06Updated 6 August 2020, 06:06