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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED STATEMENT OF INCOME [Abstract]      
Revenues $ 62,911 $ 78,555 $ 60,971
Net income/(loss) from equity accounted investments 164 291 188
Other Income 1,283 746 27
Total revenues and other income 64,357 79,593 61,187
Purchases (net of inventory variation) (29,532) (38,516) (28,212)
Operating expenses (9,660) (9,528) (8,763)
Selling, general and administrative expenses (809) (758) (738)
Depreciation, amortisation and net impairment losses (13,204) (9,249) (8,644)
Exploration expenses (1,854) (1,405) (1,059)
Total operating expenses (55,058) (59,456) (47,416)
Net operating income/(loss) 9,299 20,137 13,771
Interest and other finance expenses (1,450) (1,040) (903)
Other financial items 1,443 (224) 552
Net financial items (7) (1,263) (351)
Income/(loss) before tax 9,292 18,874 13,420
Income tax (7,441) (11,335) (8,822)
Net income/(loss) 1,851 7,538 4,598
Attributable to equity holders of the company 1,843 7,535 4,590
Attributable to non-controlling interests $ 8 $ 3 $ 8
Basic earnings per share (in USD) $ 0.55 $ 2.27 $ 1.4
Diluted earnings per share (in USD) $ 0.55 $ 2.27 $ 1.4
Weighted average number of ordinary shares outstanding (in millions) 3,326 3,326 3,268
Weighted average number of ordinary shares outstanding, diluted (in millions) 3,334 3,335 3,288