... year earlier due to lower oil and gas prices. Nevertheless, the result exceeded analysts' expectations, which was positively received by the market. Other majors followed a similar trajectory: leading oil companies in Europe and the U.S. (including BP, TotalEnergies, ExxonMobil, and Chevron) reported declines in quarterly profits compared to the peak first half of 2024 but overall earned more than forecasted. Despite retreating from last year's record levels, the oil and gas sector continues to ...

... the year before due to lower oil and gas prices. Nonetheless, the outcome exceeded analysts' expectations, which was positively received by the market. Other majors followed a similar trajectory: leading oil companies in Europe and the U.S. (including BP, TotalEnergies, ExxonMobil, Chevron) also reported declines in quarterly profits compared to the peak first half of 2024, but overall earnings were higher than anticipated. Despite the downturn from last year's record figures, the oil and gas sector ...