Oil majors looking long-term for biofuels, undeterred by low oil prices

With oil prices plummeting over the previous nine months and below $50 per barrel (WTI) in the month of March, headlines were filled with a grim outlook for oil majors in Q1 2015. Shell announced its intentions to cut over $15 billion in spending, Total posted a $5.7 billion Q4 2014 loss, and Sas...

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