OIL & GAS Summary

8/10/2019 OIL & GAS Summary

1/41Oil & Gas Majors: Fact Sheets, Carbon Tracker Initiative 2014

Oil & Gas Majors:Fact Sheets

August 2014



About Carbon Tracker

Disclaimer

Team Members

Contacts


3/41



Key Points

1.

2.

3.

4.

5.

6.

Overview


5/41Oil & Gas Majors: Fact Sheets, Carbon Tracker Initiative 2014 2

Introduction



Projects Shelved

1

2

1 http://www.theglobeandmail.com/report-on-business/joslyn/article18914681/2 http://business.financialpost.com/2014/02/12/shell-halts-work-on-pierre-river-oil-sands-mine-in-northern-alber-ta/?__lsa=3d7c-cd433 http://www.reuters.com/article/2013/09/19/bp-usa-offshore-idUSL2N0HE2V5201309194 http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/10468111/Chevron-casts-doubt-on-10bn-

North-Sea-oil-project.html5 Statoil press release, Need more time for Castberg, 30 June 2014.http://www.statoil.com/en/NewsAndMedia/News/2014/Pages/30Jun_JCmelding.aspx



Potential Production

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8/41



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Key Questions

1.

2.

3.

9



1

1

BP

Key Points1. 1

2.

3.

4. 2

5.

6.

Introduction

1 BP, Investor update presentation March 2014, p23. http://www.bp.com/content/dam/bp/pdf/investors/Investor_Update_script_slides_FINAL.pdf2 BP press release, BP Agrees to Sale of Interests in Four Alaska North Slope Assets, 22 April 2014. http://www.

bp.com/en/global/corporate/press/press-releases/bp-agrees-sale-interests-alaska-north-slope.html3 BP press release, BP Expands Brazilian Upstream Presence, Farming-in to Five Concessions in Potiguar Basin, 15July 2013. http://www.bp.com/en/global/corporate/press/press-releases/bp-expands-brazilian-upstream-presence.html

10


14/41



BP

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Chevron Corporation

Key Points1.

1

2. 2

3. 4.

5.

Introduction

1 Chevron, 2014 Security Analyst Meeting (Corporate Overview), p17http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjI0MjUzfENoaWxkSUQ9LTF8VHlwZT0z&t=1

2 http://www.

.com/cms/s/0/282d2d02-62bb-11e3-99d1-00144feabdc0.html#axzz39PgbZvdk3 http://business.financialpost.com/2014/02/12/shell-halts-work-on-pierre-river-oil-sands-mine-in-northern-alber-ta/?__lsa=ab52-b2e1

14



Chevron Corporation

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Eni

Key Points1. 1 2

2.

3.

4.

Introduction

1 Eni, 2013 results and 2014-2017 strategy, p4https://www.eni.com/en_IT/attachments/investor-relations/presentation/2014/4Q-2013-strategy/2014-2017-strategy.pdf2 Eni, 2013 results and 2014-2017 strategy, p25https://www.eni.com/en_IT/attachments/investor-relations/presentation/2014/4Q-2013-strategy/2014-2017-strategy.pdf3 Eni press release, Eni starts its share buyback programme, 3 January 2014.

http://www.eni.com/en_IT/media/press-releases/2014/01/2014-01-03-eni-buyback.shtml?shortUrl=yes4 Statoil press release, Need more time for Castberg, 30 June 2014.http://www.statoil.com/en/NewsAndMedia/News/2014/Pages/30Jun_JCmelding.aspx

22



Eni


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ExxonMobil

Key Points1. 1

2.

3.

4.

Introduction

1 ExxonMobil press release, ExxonMobil to Start Production at Record Number of New Oil and Gas Projects in

2014, 5 March 2014.http://news.exxonmobil.com/press-release/exxonmobil-start-production-record-number-new-oil-and-gas-projects-2014

26



ExxonMobil


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ExxonMobil

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Highest risk undeveloped projects

ExxonMobil

Questions Arising

1.

2.

3.

29

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Royal Dutch Shell

Key Points1. 1

2. 2

3.

4.

Introduction

1 Shell presentation, Management Day in London, March 13, 2014, p20http://s00.static-shell.com/content/dam/shell-new/local/corporate/corporate/downloads/pdf/investor/presentations/2014/

shell-analysts-2014-management-day-london-13032014.pdf2 http://business.financialpost.com/2014/02/12/shell-halts-work-on-pierre-river-oil-sands-mine-in-northern-alber-ta/?__lsa=ab52-b2e1

30



Royal Dutch Shell


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35/41


36/41



Total

Key Points1. 1

2.

3. 2

4.

5.

Introduction

1 http://www.

.com/cms/s/0/d3d1c5d2-4533-11e3-b98b-00144feabdc0.html#axzz39PgbZvdk2 http://business.financialpost.com/2014/05/29/total-sa-suspends-11b-joslyn-oil-sands-mine-in-alberta-lays-off-up-to-150-staff/?__lsa=ab52-b2e1

34



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Documents

OIL & GAS Summary