Energy demand at one point was down by more than 30% globally.
The poor earnings results recorded by the two oil juggernauts saw their stock prices tank to record lows.
Shell estimated its oil sales volumes in Q2 2020 to be between 3.5 million to 4.5 million barrels per day.
JPMorgan Chase & Co has joined the host of companies encouraging remote working due to the coronavirus outbreak.
The Chevron branch of PENGASSAN has demanded the removal of the Chairman and Managing Director of Chevron, Mr Jeff Ewing.
ExxonMobil, Shell, Chevron and other IOCs are delaying investment in oil and gas projects worth $58.4 billion in Nigeria.
The 2019 best 100 companies to work for in Nigeria have been unveiled by Jobberman.
Chevron is looking to sell-off a number of its oil assets in the country as the company wants to focus on growing its US shale output.
Chevron is reportedly planning to sell various of its Nigerian oilfields to focus on U.S shale oil production.
The NNPC and other 49 oil firms are owing the Niger Delta Development Commission (NDDC) a remittance of N1.2tn in the form of unpaid dues.
