TotalEnergies said its hydrocarbon production is expected to reach nearly 2.4 million barrels of oil equivalent per day (mboe/d) in the second quarter of 2026

The British giant posted a $3.4 billion loss in the fourth quarter, compared with a $1.2 billion profit in the previous quarter. The loss included $4.3 billion in adjustments, mainly related to impairments in its gas and low-carbon energy businesses

The company reported that its pre-tax income in 2025 decreased by 0.5% to $29.756 billion, while revenue from the sale of property and equipment totaled $1.148 billion, representing a 29.1% year-over-year decline

The company’s CFO, Fernando Melgarejo, attributed the profit to an increase in crude output, which helped offset the decline in international prices

British oil company BP announced a net profit of USD 3.477 billion in the first nine months of 2025, 48.6% higher than in the same period a year earlier, thanks in part to improved performance at its production facilities

Petrobras produced an average of 4.54 million barrels of oil and gas equivalent per day in the third quarter of 2025, 17.3% more than in the same period last year, the company reported

Adjusted net income fell to $3.6 billion for the quarter ending June 30, down from $4.7 billion a year earlier and $4.2 billion in the first quarter

Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period

Petrobras’ oil production dropped 8.2% year-over-year in the third quarter to 2.13 million barrels per day (bpd), reported the company

Shares of BP traded lower after the company revealed its operations update for the second quarter of fiscal year 2024, with oil operations expected to be weak following a strong first quarter