Published on
04/08/2026 - 11:33 GMT+2
Profit after tax jumped to $3.91 billion (€3.38bn) in the April-June period from $1.62 billion (€1.40bn) in the second quarter of 2025, BP said in an earnings statement, as fossil fuel prices soared year on year.
The five biggest Western energy majors – BP, Chevron, ExxonMobil, Shell and TotalEnergies – reported combined net profits of almost $47 billion (€40.60bn) in the second quarter as earnings multiplied amid the US-Iran conflict.
The latest reporting period "has been marked by one of the most disrupted periods in the global energy market", BP chief executive Meg O'Neill said, who has served as CEO since April.
