Impact of covid on oil and gas industry


Many oil and gas businesses have been forced to shut down or slow down their physical activities as a result of the virus's spread, affecting production in both upstream and downstream operations.



 As the globe emerges from the coronavirus crisis, players in the oil and gas industries are coping with diminishing demand, guaranteeing employee safety and business stability, and an oil price war. They must focus on establishing a flexible business model that can lead to long-term resilience.



 


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