Energy earnings run dry in Americas
FT: Energy earnings run dry in Americas
By Ed Crooks, Christopher Adams and David Crouch
ExxonMobil andConocoPhillips of the US on Thursday reported that they lost money on oil and gas production in their home country in the first quarter.
Meanwhile, Royal Dutch Shell disclosed a $1.1bn loss at its upstream exploration and production business in the Americas, and suggested that came mostly from its shale oil and gas operations.
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