iQoncept/Shutterstock Save for later Print Download Share LinkedIn Twitter The world’s five leading Western oil majors may have all seen their second-quarter earnings slide from recent highs, but BP, Chevron, Exxon Mobil, Shell and TotalEnergies have little reason — or time — to be downbeat. The prospect of tighter markets ahead could bolster flagging realizations and boost cash flows, and the companies felt confident enough to hike dividends even in a softer environment. Controlling costs and finding the right transition strategy remain big challenges, however. Here are Energy Intelligence’s key takeaways from the recent round of disclosures and earnings calls:
