Earnings Season, Shareholder Rewards, and LNG Demand

This chapter discusses the upcoming earnings season for European oil companies, including Total Energies and BP, and their challenges in meeting net zero targets. It explores topics such as cash flow distribution, shareholder rewards, the well-supplied oil market, and the outlook for LNG demand. The chapter also covers the Biden administration's decision to pause licenses for LNG export facilities and potential disruptions in the shipping industry.