Three European Energy Giants Cash In on War-Driven Volatility as Firms Post $15.5 Billion Windfall
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Three European Energy Giants Cash In on War-Driven Volatility as Firms Post $15.5 Billion Windfall
Three leading European energy companies collectively recorded profits of $15.52 billion in the first quarter of 2026, benefiting from sharp fluctuations in oil and gas markets and strong performance in trading divisions, according to reporting by the BBC. BP more than doubled its quarterly profits,»»»
TotalEnergies posts drop in fourth-quarter profit on weak oil demand
French oil major TotalEnergies TTE reported a 15% drop in fourth-quarter earnings on Wednesday, closing out a year marked by low oil prices and weak fuel demand that were partially offset by higher electricity sales and liquefied natural gas trading. Adjusted net income for the final three months o»»»
Crude oil demand from Dangote, local refineries hits 597,700bpd daily
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled crude oil producers’ production forecast for the second half (H2) of 2024. In a report yesterday, Gbenga Komolafe, group chief executive officer (GCEO) of NUPRC, also announced the refining requirement of functional refineri»»»
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