Oil Profits News

Oil and gas companies are projected to receive a $495 billion cash windfall in 2026, leading to calls for windfall taxes from President Trump and several member

Reporters Jillian Ambrose and Damian Carrington will host an online Q&A session at 2pm BST to discuss their recent article revealing that major oil firms made $

Amid the US-Iran conflict, Brent crude prices surged to $126 per barrel, leading to significant profits for oil companies, who argue these earnings are necessar

Oil companies are experiencing booming profits, termed a 'war bonus,' while farmers warn of slumping food production due to extreme weather, and Donald Trump cr

Oil and gas giant BP has reported that its profits have more than doubled, a surge attributed to the impact of the war in Iran on fossil fuel prices.

Rising petrol prices are significantly impacting low-income US households, forcing them to spend over 10 percent of their monthly income on fuel, while oil gian

President Trump has criticized Chevron for not adequately crediting his administration for the oil major's recent financial success and profit windfall.

Chevron reported its largest quarterly net profit ever at $12.1 billion, while ExxonMobil's income surged to $14.5 billion, as major oil companies benefit from