Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

European International Energy Agency Wael Sawan Chief Executive Officer Gulf of America Strategy Equinor Anders Opedal Norwegian Continental Shelf Brazil Project France Norway Italy Change View EBITDA