The crude oil pricing environment is expected to experience significant volatility this year, which will negatively impact the exploration and production activities of integrated energy companies. A deceleration in oil production growth can create challenges, thereby constraining earnings from upstream operations. At the same time, the accelerating shift toward renewable energy is introducing greater uncertainty to the Zacks Oil and Gas Integrated International industry’s prospects. This combination of fact ...

Key Takeaways Chevron aims to boost GoA output by 50% from 2020 levels, hitting 300K barrels/day by 2026. Shell leads in GoA volume, using standardized designs and robotics to cut costs and emissions. CVX trades at a premium to SHEL, reflecting profit hopes from GoA growth and recent Hess assets.Chevron Corporation (CVX) and Shell plc (SHEL) are two of the world's biggest energy companies, and both have been drilling for oil and gas in the deep waters of the Gulf of America (GoA) — what we used to call th ...

壳牌本月早些时候预警称交易收益"大幅下降"，而英国石油则表示其石油交易业务将实现"强劲"利润， 这为首席执行官默里·奥金克洛斯带来了急需的提振。彭博社汇总的分析师预测显示，埃克森美孚 (XOM.US)、雪佛龙(CVX.US)、壳牌、道达尔能源(TTE.US)和英国石油这五家公司第二季度的总收益预 计将环比下降12%，至198.8亿美元。 智通财经APP获悉，地缘政治因素导致油价剧烈波动，部分石油公司的交易业务因此受挫，预计大型石 油公司将迎来四年来最低的季度利润。 5至6月的七周内，原油价格一度飙升31%，但最终因特朗普总统的贸易战及OPEC+增产的影响盖过了以 军和美军袭击伊朗引发的涨势，季度末价格较期初下跌10%。这种剧烈波动导致壳牌(SHEL.US)和英国 石油(BP.US)的业绩出现分化，这两家公司的交易部门规模超过美国同行。 "波动通常是好事，意味着更高的交易利润，但这次波动由地缘政治风险引发，因此更难把握，"高盛董 事总经理米歇尔·德拉维尼亚在采访中表示，"算不上灾难性，但无疑是更艰难的一个季度。" 大型石油公司的财报季将于周四拉开序幕，道达尔率先发布业绩;壳牌定于7月31日公布，埃克森美孚和 雪 ...

Shell (SHEL) closed at $71.15 in the latest trading session, marking a +1.18% move from the prior day. This change outpaced the S&P 500's 0.06% gain on the day. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Heading into today, shares of the oil and gas company had lost 0.73% over the past month, outpacing the Oils-Energy sector's loss of 3.71% and lagging the S&P 500's gain of 5.88%.Investors will be eagerly watching for the performance of Shell ...

上周，英国能源巨头BP与壳牌与利比亚国家石油公司（NOC）签署多项协议，旨在恢复并提升该国石 油与天然气产量。Moneta Markets亿汇表示，尽管外界普遍将这类协议视为单纯的能源勘探与投资合 作，但其背后的战略意义往往更为深远。这不仅涉及全球能源供应链的调整，也体现了跨国能源企业借 助国际法律框架进行资源掌控与地缘战略布局的方式。依照现行国际法，只要获得当地政府的批准，跨 国公司便可在油气项目中大规模调配勘探、开发及安保力量，甚至建设包括港口、道路、管网等在内的 配套基础设施，这类项目在实际运作中所享有的保护地位，某种程度上接近外交设施。Moneta Markets 亿汇认为，这种模式实际上继承了历史上东印度公司时期的商业与地缘一体化策略，即通过资源开发推 动国家影响力的外溢，同时强化企业与政府的双重收益。 当前，BP与壳牌的布局并非仅限于利比亚。Moneta Markets亿汇认为，俄罗斯能源出口因地缘冲突及制 裁受限后，全球能源市场的供需结构正在经历重大重塑，而BP和壳牌正处于这一调整的核心。除了利 比亚，两家公司正积极扩大在中东和北非多个关键能源枢纽的影响力。例如，BP计划在未来三年内向 埃及天然 ...

ab 18 July 2025 Global Oil and Gas Global Oil & Gas Valuation 18 July 2025 UBS Investment Research Global Oil & Gas Valuation Sheets This material has been prepared by UBS Europe SE Henri Patricot CFA, Analyst, +33-1-4888 3033, henri.patricot@ubs.com 18 July 2025 India Bharat Petroleum Hindustan Petroleum Indian Oil ONGC Reliance Industries Europe BP BW LPG Ceres Power ENI Fuchs Petrolub Galp Industrie De Nora ITM Power MOL Motor Oil North America Aemetis Antero Resources APA Corp Arc Resources Archer-Danie ...

🔥 NOW: XRP surpasses Shell in market cap.$XRP: $206.09B$SHEL: $205.92B https://t.co/NFd4IgmvQY ...

Core Insights - The upcoming earnings reports for major oil and energy companies will reveal contrasting performance between upstream and downstream segments, with upstream likely facing lower profits due to falling oil and gas prices, while downstream operations, particularly refining, may show resilience and strength [1] ExxonMobil - ExxonMobil anticipates a significant decline in second-quarter earnings, projecting a drop of up to $1.9 billion in upstream earnings primarily due to lower oil prices impacting earnings by $1.2 billion and natural gas prices by $700 million [2][3] - The refining and chemical segments may provide a modest boost, with potential refining profits estimated to add between $100 million and $500 million, although maintenance work could limit these gains [3] BP - BP expects to increase oil and gas production beyond initial forecasts, driven by enhanced output from U.S. shale operations, but anticipates a hit of about $800 million to drilling profits due to lower crude oil prices [4][5] - The refining segment is projected to see profits rise from $15.20 per barrel in Q1 to $21.10 per barrel in Q2, potentially adding $300 million to $500 million to downstream profits [5] Shell - Shell is facing challenges with expected declines in traditional drilling production due to maintenance and asset sales, while its Integrated Gas division's production is projected to be stable [6][8] - Refining margins are expected to improve from $6.20 per barrel in Q1 to $8.90 per barrel in Q2, which may help offset weaker results from LNG and drilling operations [7][8] Industry Outlook - The refining sector within the energy industry is demonstrating notable strength, with companies like ExxonMobil, BP, and Shell benefiting from better profits from refining crude oil into fuels and other products [9] - Global oil demand remains steady, supported by summer travel and increased electricity consumption, while natural gas demand in the U.S. is also strengthening, setting the stage for potential price recovery in the latter half of 2025 [10]

Core Insights - Shell plc and BP p.l.c. have signed agreements with Libya's National Oil Corporation to assess hydrocarbon potential across three major oilfields, indicating a revival of foreign energy interest in Libya after years of instability [1][9] - Libya aims to attract global energy giants despite ongoing internal factional disputes and political instability [5][9] Group 1: Shell's Involvement - Shell has signed a memorandum with NOC to evaluate hydrocarbon prospects at the Atshan oilfield and other NOC-controlled areas, leading a full-scale technical and economic feasibility study for future development opportunities [2] - The company is focusing on assessing unconventional hydrocarbons, such as shale oil and gas, which require advanced extraction technologies [4] Group 2: BP's Strategy - BP plans to reopen its Tripoli office by the end of 2025, signaling a commitment to renewed exploration ambitions in Libya [3] - The company will conduct studies on the Messla and Sarir oilfields and nearby exploration areas to assess Libya's potential in unconventional hydrocarbons [4] - BP's original agreement with NOC dates back to 2007 but was suspended due to civil unrest; the force majeure was lifted in 2023, allowing onshore exploration to resume [8] Group 3: Libya's Oil Production Landscape - Libya, a member of OPEC, has faced significant fluctuations in oil production since the civil war, dropping from approximately 1.8 million barrels per day (bpd) in 2011 to around 100,000 bpd [6] - Recent production levels have stabilized between 1.2 million bpd and 1.3 million bpd, with a goal to increase output to 2 million bpd in the coming years [6][9] - Major international energy companies, including BP and Shell, have resumed drilling activities after a nearly decade-long halt, indicating a renewed push to revive Libya's energy sector [7]

Group 1 - The oil market started the week positively, with prices rising by 2% despite fluctuations due to Trump's new tariff policies and a rebound in the dollar, indicating a favorable market outlook despite OPEC+'s unexpected production increase in August [1] - OPEC+ decided to increase daily supply by 548,000 barrels in August, with expectations for further acceleration in September, suggesting a bullish sentiment in the oil market fundamentals [1] - Saudi Aramco announced a $1 per barrel price increase for its flagship Arab Light crude oil, indicating strong demand in the spot market and that new oil inventories can be absorbed [3] Group 2 - ExxonMobil warned of a $1.5 billion reduction in earnings due to commodity price volatility, with oil and gas prices expected to decline by approximately $1 billion and $500 million respectively compared to the previous quarter [5] - Shell also projected a significant decline in trading profits for the second quarter, influenced by weak performance in its oil and gas trading business, leading to a drop in its stock price [7] - The oil industry outlook appears bleak, with companies struggling to generate sufficient free cash flow for dividends and stock buybacks after record profits in 2022, amid ongoing price volatility and geopolitical tensions [7] Group 3 - There are concerns about a potential oversupply in the second half of the year due to OPEC+'s accelerated production increase, which could lead to further downward pressure on oil prices [9] - The traditional summer travel season in the U.S. has not yet shown significant increases in oil demand, raising worries about weakening seasonal demand [9] - The uncertainty surrounding Trump's tariff policies and their potential impact on economic outlook and oil demand continues to create volatility in oil prices [9]