FACTBOX: Oil majors’ fitness regime reaps rewards, risks

摘要

First-quarter results s kicked off last week and the theme was clear: oil majors are leaner and meaner having reined in investments, lowered capital spending and cut costs. Production from projects already in operation continues to perform solidly and those with big refinery operations have been particularly resilient. However, the looming risk of this efficiency drive is a major supply shortage in the next few years. BP, Total, ConocoPhillips, Chevron, ExxonMobil, Statoil and Eni were among the heavy hitters in the spotlight.