Totalling €36 Billion: Oil Companies Report Massive Excess Profits Since Iran War Began
16 Articles
16 Articles
The Iran war drives oil and gas prices up - shell, total energy and repsol report strong profit jumps. As investors access, the political dispute over profits grows.
volksfreund.de
HandelsblattThe Iran war drives oil and gas prices up - shell, total energy and repsol report strong profit jumps. As investors access, the political dispute over profits grows.
The wars in the Middle East and Ukraine generated "super-profits" for Shell, Repsol and TotalEnergies in the third quarter.
Since the Iran war, oil companies have been making huge profits around the world. European companies are also benefiting. The debates on an over-profit tax should continue to fuel this.
Between March 1 and October 19, oil companies in the European Union recorded 35.9 billion euros in excess profits, of which 1.26 billion was in Belgium. This is according to a study by Greenpeace. The environmental organization is calling on the European Union and Belgium to introduce an additional tax on the profits of oil companies.
The extra profit of the oil companies continues non-stop. From the beginning of the war in Iran to the end of February, the companies have made excess profits of 36 billion euros on the European market of the service stations. This is demonstrated by a new report by Greenpeace Germany drawn up on the basis of calculations of the oil market expert Steffen Bukold. [...] L'articolo Extraprofit oil companies, 36 billion from the end of February in t…
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
