Post by Satish Jha

Seven Western majors. Seven completely different businesses. ExxonMobil manufactures. Shell trades. BP optimises. TotalEnergies integrates. Chevron concentrates. QatarEnergy monopolises. ConocoPhillips purifies. Issue 34 of Crude Truth covers the company that voluntarily shed its refining business in 2012 to become the world’s most focused upstream operator. Then spent two decades running an acquisition cycle that looks less like an oil major and more like a private equity firm operating inside hydrocarbons. Also in the issue: why the CEO publicly called the shale plateau. And why the company that mastered short-cycle shale is now quietly assembling LNG positions across Qatar, the US Gulf Coast, and Alaska simultaneously. Read it here: https://lnkd.in/dBD8TfKE #CrudeTruth #ConocoPhillips #OilAndGas #EnergyAnalysis #LinkedInNewsletter #LNG #UpstreamOil #OilMajors