BP’s output in the first six months of the year was 3.662 MMboe/d, including production at Russia’s Rosneft, of which it owns just under a fifth, from 3.544 MMboe/d a year earlier.
Equinor’s adjusted earnings before interest and taxes rose to $4.3 billion in the second quarter from $3 billion a year ago, missing a forecast for $4.6 billion in a Reuters poll.
The group said adjusted net profit for the second quarter soared 44% to $3.6 billion, beating analysts’ estimates of $3.4 billion.
PGS’s April-June core operating earnings (EBITDA) rose to $136.0 million, below the $144 million expected by analysts in a Reuters poll, but up from $112.5 million in same quarter last year.
The Nord Stream 2 pipeline will transport Russian gas to Germany but critics warn of political tensions.
Total CEO Patrick Pouyanne said in a statement that the acquisition of Engie's upstream LNG business will give Total a worldwide market share of 10%.
The Kremlin on July 12 rejected President Donald Trump's description of Germany as a "captive" of Russia due to its energy reliance, saying his statement was part of a U.S. campaign to bully Europe into buying American energy supplies.
President Donald Trump accused Germany of being a “captive” of Russia on July 11 as Western leaders gathered in Brussels for a NATO summit where Trump wants Europeans to pay more for their own defense.
Chevron has kicked off the sale of a number of its oil and gas fields in the North Sea as part of a review of the U.S. giant's European operations.
The decision to halt Groningen production forced the government to broker a new deal with Shell and Exxon Mobil, whose 50-50 joint venture NAM is responsible for the field.