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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
CONSOLIDATED STATEMENT OF INCOME [Abstract]            
Revenues [1] $ 7,563 $ 15,065 $ 16,898 $ 22,627 $ 33,307 $ 62,911
Net income/(loss) from equity accounted investments 33 71 39 104 103 164 [1]
Other Income 7 (6) 160 2 168 1,283 [1]
Total revenues and other income 7,603 15,130 17,096 22,733 33,578 64,357 [1]
Purchases (net of inventory variation) (2,750) (7,396) (8,606) (10,146) (15,261) (29,532) [1]
Operating expenses (2,234) (2,406) (2,281) (4,639) (4,690) (9,660) [1]
Selling, general and administrative expenses (177) (197) (220) (374) (451) (809) [1]
Depreciation, amortisation and net impairment losses (2,522) (4,438) (2,233) (6,959) (4,421) (13,204) [1]
Exploration expenses (393) (635) (235) (1,028) (503) (1,854) [1]
Total operating expenses (8,075) (15,072) (13,575) (23,147) (25,326) (55,058) [1]
Net operating income/(loss) (472) 58 3,521 (414) 8,252 9,299 [1]
Interest and other financial expenses (379) (344) (330) (723) (686) (1,450) [1]
Other financial items 130 367 330 498 834 1,443 [1]
Net financial items (248) 23 0 (225) 149 (7) [1]
Income/(loss) before tax (720) 81 3,520 (640) 8,401 9,292 [1]
Income tax 469 (786) (2,045) (316) (5,213) (7,441) [1]
Net income/(loss) (251) (705) 1,476 (956) 3,188 1,851 [1]
Attributable to equity holders of the company (254) (708) 1,475 (961) 3,187 1,843 [1]
Attributable to non-controlling interests $ 3 $ 3 $ 0 $ 6 $ 1 $ 8 [1]
Basic earnings per share (in USD) $ (0.08) $ (0.21) $ 0.44 $ (0.29) $ 0.96 $ 0.55 [1]
Diluted earnings per share (in USD) $ (0.08) $ (0.21) $ 0.44 $ (0.29) $ 0.95 $ 0.55 [1]
Weighted average number of ordinary shares outstanding (in millions) 3,276 3,305 3,331 3,290 3,331 3,326 [1]
Weighted average number of ordinary shares outstanding, diluted (in millions) 3,284 3,312 3,338 3,298 3,338 3,334 [1]
[1]
Audited