Oil majors' fresh focus on upstream bolsters cash flows

Monday, 18 August 2025

Unfavourable market conditions for renewables and other low-carbon energy sources have prompted Shell, BP, TotalEnergies and Eni to bolster their core upstream operations. Reserve replacement should support future cash flows, Fitch Ratings reckons.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Last modified on Monday, 18 August 2025 09:53
Rate this item
(0 votes)