Record Adjusted Earnings Increase
Adjusted earnings were $5.6 billion, up 52% compared with Q4.
Strong Cash Flow Generation
Generated $11.9 billion of cash flow from operations, excluding working capital.
Strategic Portfolio Repositioning
Completed divestments of the Energy and Chemicals Park in Singapore and onshore Nigeria. Acquired Pavilion Energy, enhancing LNG trading capabilities.
Significant Project Developments
Final investment decisions for Gato do Mato in Brazil and Phase 2 of Northern Lights carbon capture in Norway.
Shareholder Returns
Announced a $3.5 billion share buyback program, marking the 14th consecutive quarter with buybacks of at least $3 billion.