The company reported its Q2 15 results (CCS net income) at $3.8bn, above expectations. By division: 1) The upstream CS earnings came in at $1.04bn, down from $4.7bn a year ago, but higher than in Q1 15 ($0.7bn). Production came in 11% yoy lower due to planned maintenance at Pearl GTL in Qatar, heavy oil in Canada, deep water in the Gulf of Mexico, and some divestments. Liquids production decreased by 4% while natural gas production decreased by 18% yoy. Excluding’s all these effects, pr
