World’s largest oil companies have made $281bn profit since invasion of Ukraine ...Middle East

The world’s five largest listed oil companies have made profits of more than a quarter of a trillion dollars since Russia’s invasion of Ukraine led to dramatic increases in energy prices and household bills. The “super-majors” – BP, Shell, Chevron, ExxonMobil and TotalEnergies – have made $281bn (£223bn) since the war began in February 2022, according to Global Witness. The UK-based pair, BP and Shell, have made a combined $94.2bn (£75bn) in profits since the conflict began. Global Witness estimates that this is enough to cover all Britain’s household electricity bills for 17 consecutive months. Shell, which has made $58.9bn (£47bn) in profits since the second quarter of 2022, is also in t

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World’s largest oil companies have made $281bn profit since invasion of Ukraine ...Middle East

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