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 posted strong sets of results even though they collected around $4.7 billion less in combined profit during the quarter, which amounts to about 29.2 billion, compared to $33.9 billion gathered in the prior quarter.

International Energy Agency Mike Sommers American Petroleum Institute Keisuke Sadamori Director of Energy Markets World Energy Outlook Fatih Birol Executive Director European France Norway Italy President America Opponents