Calls grow for Big Oil windfall tax

Despite recent price falls, the profits of major oil companies continue to soar while high fuel costs drive a cost of living crisis
 

QUARTERLY PROFITS	Q3 2022 unless otherwise stated

$42.4bn
Saudi Aramco
Saudi Arabia

~$20bn
Gazprom
Russia (Q2)
Gazprom has seen revenue double – despite 43% fall in shipments to Europe – by more than tripling gas export prices

$19.7bn   
Exxon-Mobil
U.S.
       
$11.2bn
Chevron
U.S. 

$11bn
PetroBras
Brazil (Q2)

$9.9bn
TotalEnergies
France

$9.5bn
Shell    
Netherlands
   
$9bn
BP
UK

$6.7bn
Equinor
Norway

$5.2bn 
PetroChina 
China 

$5.1bn
ConocoPhilips
U.S. (Q2)

$3.7bn 
ENI 
Italy


Sources: Bloomberg, Reuters   
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