Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars
Energy

Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars

The Strait of Hormuz closure after the US-Iran conflict handed Exxon, Chevron, BP, Shell and TotalEnergies a combined $4...

Aoife Keane 👁 29 💬 0
Oil majors' cash flow surges to $90bn, reigniting debate over spending priorities
Energy

Oil majors' cash flow surges to $90bn, reigniting debate over spending priorities

Record Q2 2026 cash flows at the world's largest oil companies have sparked a battle over whether the windfall should go...

Aoife Keane 👁 35 💬 0
Oil Majors Post Record H1 Profits as European Giants Abandon Green Pivot for Capital Discipline
Energy

Oil Majors Post Record H1 Profits as European Giants Abandon Green Pivot for Capital Discipline

Saudi Aramco, ExxonMobil, and Chevron led a windfall half, while Shell's $16.4bn ARC acquisition and BP's planned solar ...

Aoife Keane 👁 41 💬 0