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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENT OF INCOME [Abstract]      
Revenues $ 45,753 $ 62,911 $ 78,555
Net income/(loss) from equity accounted investments 53 164 291
Other Income 12 1,283 746
Total revenues and other income 45,818 64,357 79,593
Purchases (net of inventory variation) (20,986) (29,532) (38,516)
Operating expenses (8,831) (9,660) (9,528)
Selling, general and administrative expenses (706) (809) (758)
Depreciation, amortisation and net impairment losses (15,235) (13,204) (9,249)
Exploration expenses (3,483) (1,854) (1,405)
Total operating expenses (49,241) (55,058) (59,456)
Net operating income/(loss) (3,423) 9,299 20,137
Interest expenses and other financial expenses (1,392) (1,450) (1,040)
Other financial items 556 1,443 (224)
Net financial items (836) (7) (1,263)
Income/(loss) before tax (4,259) 9,292 18,874
Income tax (1,237) (7,441) (11,335)
Net income/(loss) (5,496) 1,851 7,538
Attributable to equity holders of the company (5,510) 1,843 7,535
Attributable to non-controlling interests $ 14 $ 8 $ 3
Basic earnings per share (in USD) $ (1.69) $ 0.55 $ 2.27
Diluted earnings per share (in USD) $ (1.69) $ 0.55 $ 2.27
Weighted average number of ordinary shares outstanding (in millions) 3,269 3,326 3,326
Weighted average number of ordinary shares outstanding, diluted (in millions) 3,277 3,334 3,335