We haven't had 6 discoveries in a single quarter for a long time, this year people are drilling a lot less as exploration spending has fallen sharply, so companies are focusing on higher quality projects. Anish Kapadia More Quotes by Anish Kapadia More Quotes From Anish Kapadia It does feel like they have more they can cut and more they want to cut following the issues with Tengiz. Anish Kapadia business It's hard to see how the company grows over time. Anish Kapadia top-news With any national oil company, the valuation is inextricably linked to the politics of that country. Anish Kapadia top-news Earnings look very strong thanks to the downstream but underlying earnings in upstream and the overall cash flow were extremely weak. Anish Kapadia energy The trading business is a risk business, that has never been one of Exxon’s fortes. Anish Kapadia Fundamentally, Saudi Aramco is massively overvalued. Anish Kapadia Saudi Aramco was always going to be difficult for them to uphold that valuation. Anish Kapadia
