European oil majors near pre-pandemic income levels despite weakened revenues, says GlobalData

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The European oil majors (Shell, BP, TotalEnergies, Eni and Repsol) benefitted dramatically from elevated oil and gas prices in the first quarter of 2021 as income returned to near pre-pandemic levels, says GlobalData, a leading data and analytics company. Daniel Rogers, Senior Oil and Gas Analyst at GlobalData, comments: “So far 2021 has gifted the …

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