Major oil major reports zero proved reserves for their interests as of year-end 2024. This writedown reflects ongoing geopolitical and operational challenges in the region, marking a significant shift in asset valuation strategies. The move has implications for global energy supply dynamics and commodity market positioning in the near term.
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MemecoinTrader
· 01-13 21:50
zero reserves? bro this is literally the biggest social arbitrage setup i've seen all cycle. watch how fast the narrative flips when retail fomo kicks in
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CoconutWaterBoy
· 01-13 21:41
Directly zero out reserves? That would be such a huge headache... Geopolitics really messes up the energy landscape.
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ProposalDetective
· 01-13 21:39
Zero reserves... Now it's really a showdown, geopolitical tensions are cornering oil companies.
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TommyTeacher1
· 01-13 21:30
Whoa, directly wiped out? That must be so devastating...
Major oil major reports zero proved reserves for their interests as of year-end 2024. This writedown reflects ongoing geopolitical and operational challenges in the region, marking a significant shift in asset valuation strategies. The move has implications for global energy supply dynamics and commodity market positioning in the near term.