Declining Supermajors Profits Reveal Flaws in the Oil and Gas Business Model

by Clark Williams-Derry

The five largest global oil and gas supermajors—ExxonMobil, Chevron, Shell, BP, and TotalEnergies—have now reported their results for the second quarter. For oil bulls, the headlines were a disappointment, with all five enterprises reporting falling revenues and slimmer profits, stemming from a decline in global oil and gas prices. Collectively,…

Subscription Required

You must be a member to access this content.

View Subscriptions

Already a member? Log in here
Author Profile
Energy Finance Analyst - 
Author Articles
    This author does not have any more posts.

Related posts

6 Risks That Oil And Gas Companies Face

Energies Media Staff

How The 7 Types of Renewable Energy Can Benefit The Environment

Energies Media Staff

Crude Oil, Gasoline Prices Rise as Inventories Decline

Alex Mills

Texas Startup Hopes 4th Time’s a Charm to Build First Big US Oil Refinery Since 1977

Energies Media Staff

Cyber Security And The Oil & Gas Industry

David Lukić

The Solution to the Project Communication Challenge is Hidden in Plain Sight!

Roy O. Christensen