Energy earnings run dry in Americas

Energy earnings run dry in Americas

May 1st, 2015

by John Donovan. 

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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.

FULL FT ARTICLE

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Posted in: Conoco Phillips, Exxon Mobil, Oil, Oil Company Profits, Oil Prices, Royal Dutch Shell Plc, Shale Gas, Shale Oil, Shell, Simon Henry, United States.
Tagged: ConocoPhillips · ExxonMobil · Oil · Royal Dutch Shell Plc · Shell

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