Total and Shell cut big chunks off their budgets
![Total CEO Patrick Pouyanné points out that Total has handled critical situations before. Now, it must do so again. | Photo: Benoit Tessier/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12030493.ece/ALTERNATES/schema-16_9/20151020-144019-L-1920x1080we.jpg)
Not only smaller players and service firms are affected by low commodity prices and global uncertainty regarding coronavirus in the oil industry.
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