Oil rigs offshore Namibia

Energy majors’ Q2 23 results point to tougher market conditions

Issue 489 - 04 Aug 2023 - By James Gavin | 4 minute read

Most big oil companies reported a sharp falls in profits in Q2 2023, but Africa still figures prominently in results and future plans – and where it doesn’t majors are able to divest at least some of their more attractive assets.

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