Viewpoint: Scrutiny Increases as Majors' Profits Surge

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High energy prices supported third-quarter earnings for the five leading Western oil and gas majors — BP, Chevron, Exxon Mobil, Shell and TotalEnergies — with combined adjusted profits of around $57 billion driven mostly by Russia’s war in Ukraine. But managing strong financial performance during an ongoing energy crisis and the volatile trading environment dominated what should have been a bright quarter for these companies.

Earnings, LNG Trade, LNG Prices, Gas Prices, Gas Supply, Ukraine Crisis
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