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IS - H2 takes center stage with earnings season in full swing - August 2019



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Producers are taking stock of their financial and operational performance so far this year, with an eye toward finishing 2019 with strengthened balance sheets and sharpened portfolios. Supermajors Shell (PG.7), BP (PG.7) and Total (PG.1) released their Q2 updates in the last few weeks. The French supermajor concurrently launched a two-year, $5 billion divestment plan to sell mostly upstream assets as it pursues a long-term strategy to grow its LNG portfolio. In terms of......
 
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