BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead. Ciara Lee reports
India has entered what is supposed to be the last week of the extended lockdown. State Chief Ministers held a meeting with PM Modi to discuss a graded exit strategy in green zones while seeking curbs..
Reuters reports US energy companies are scrambling for cash and face likely restructuring.
Shale producers, refiners and pipeline companies are struggling under heavy debt loads amid the worst crisis..
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