Oil and Gas Sector Made $4 Trillion in Profits in 2022, IEA Chief Says

EcoWatch
By Olivia RosaneFeb 16, 2023, 2:25 pm100 pts
From ExxonMobil to Shell to BP, several major oil and gas companies reported record profits in 2022 as the price of both fossil fuels spiked following Russia’s invasion of Ukraine. Now, International Energy Agency (IEA) Executive Director Fatih Birol says the industry as a whole made $4 trillion in profits…

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