Day of reckoning really has arrived for Big Oil
Day of reckoning really has arrived for Big Oil
A few weeks ago, three of the world's largest listed energy corporations were given a kicking of a kind that is destined to change Big Oil forever.
Chevron and Exxon were dealt a harsh lesson by their own investors, while Shell suffered a defeat in a Dutch court that could go down in history as hugely important in the battle against climate change.
In just one day, three Western super-majors were put in their place.