TotalEnergies Reports $11.2 Billion Profit in First Half Amid Rising Oil Prices
TotalEnergies announced an $11.2 billion profit over six months, with its earnings doubling in the first half of the year, significantly boosted by rising oil prices due to the Middle East conflict.
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TotalEnergies nets $11.2 billion profit in six months amid Middle East war
The oil giant reported a 72% jump in net income for the first half of 2026, benefiting from soaring crude oil prices. An alliance of NGOs stressed the need to further tax 'oil and gas giants to fund climate action.'
Read full article →TotalEnergies profit doubles as Mideast conflict lifts oil prices
French oil and gas giant TotalEnergies said Thursday net profit doubled in the second quarter as conflict in the Middle East pushed up hydrocarbon prices. TotalEnergies said in a...
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