🔺 Energy Giants Double Down Shell Bets on LNG, Exxon Taps Guyana 🇬🇾 for Massive Profits 12M tons of new gas capacity. $4.7B in profit from a single offshore play. The energy transition has new power centers. 🌍 Shell's LNG Surge Shell, the world’s top LNG trader, plans to add 12 million metric tonnes of capacity by 2030 not as ambition, but under construction, says Integrated Gas President Cederic Cremers. 🔹 Projects: Canada, 🇨🇦 Qatar, 🇶🇦 Nigeria 🇳🇬 🔹 Target Markets: Asia, hard-to-electrify industries 🔹 Strategy: Expand via Pavilion Energy (Singapore🇸🇬), and 3rd-party sourcing 🔹 Outlook: Global LNG demand to rise 60% by 2040, driven by AI, industrial decarbonization, and energy security 💰 Exxon’s Profit Engine: Guyana 🇬🇾 In 2024, nearly 1 in 7 dollars of ExxonMobil’s global profit came from offshore Guyana = US$4.73B, or 14.04% of total earnings. 🔸 Output: 626K b/d (first four months of 2025), heading toward 900K+ with Yellowtail 🔸 Margins: • Liza 2 breakeven: $25/bbl • Attractive fiscal terms: 2% royalty, 75% cost recovery, 50/50 profit split 🔸 Strategic Value: • Guyana = 2.35% of global revenue • But >5x higher share of profit since 2021 🔸 Future: 8 projects by 2030, capacity nearing 2.2 million boe/d ⚖️ What’s the bigger picture? • Shell is building infrastructure for a gas-based transition. • ExxonMobil is maximizing profit from high-margin, low-cost crude. • Both are securing long-term returns amid energy volatility and geopolitical shifts. 📊 *Energy security, fiscal discipline, and regional leverage are reshaping the future of oil and gas faster than expected.*