Oil Majors Double Profits in Europe in Latest Quarter

As wildfires rage across Europe, T&E calls for a permanent tax on the windfall profits being made off the back of European drivers. Just eight oil companies¹ have made €7.5 billion in excess profits² in Europe in the first half of 2026, new T&E analysis shows. With oil prices shooting back ... [continued] The post Oil Majors Double Profits in Europe in Latest Quarter appeared first on…