The energy giant's full-year results follow disappointing earnings from oil and gas companies on both sides of the Atlantic.
Anglo-Dutch energy giant Royal Dutch Shell reported a sharp fall in full-year net profit late last week, while U.S. rivals Chevron and Exxon Mobil both missed analyst expectations on Friday. France's Total is scheduled to report its latest quarterly earnings on Feb. 6. International benchmark Brent crude traded at $54.88 Tuesday morning, up more than 0.8%, while U.S. West Texas Intermediate stood at $50.63, around 1% higher.