ConocoPhillips announces estimated 2Q20 production curtailments
Excluding Libya, and adjusting for closed dispositions and curtailments, production in 2Q20 is expected to be in line with the same period a year ago and approximately 5% below 1Q20.
Drilling & production - 30 June 2020
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Shell's revised 2Q20 outlook warns of impairments of up to US$22 billion
The impairment charges anticipated are based upon the company expecting the price of Brent to be average approximately US$35/bbl in 2020 and the Henry Hub gas spot price US$1.75/MMBtu.