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A report by World Oil indicates that major oil companies saw profits surge to $90 billion in Q2 2025, nearly double the same period in 2024, due to supply disruptions in the Strait of Hormuz. Key beneficiaries include Saudi Aramco ($33B), BP ($5.73B), and Chevron ($12B). The surge is linked to geopolitical tensions and rising oil prices, with Brent crude climbing from $68 to $100 per barrel. Critics call for windfall taxes on oil companies.

Oil prices rose after near-closure of the Strait of Hormuz, boosting profits for major oil firms. The article says eight companies (Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron, ExxonMobil) earned over $90B in Apr-Jun, nearly doubling from Q2 2025. It cites Aramco net income over $33B (+34%) and Chevron adjusted earnings of $12B. Brent rose from about $68/bbl in Feb to nearly $100 in May, prompting windfall-tax debate.

The UK plans to expand its shared rural network with 150 new 4G masts, adding 5,684 sq km of coverage and running until Jan 2027, covering areas like the Lake District, Snowdonia and Exmoor. Separately, e& UAE tested RedCap readiness on a live network. Digi reported Q2 revenue up 11% to €608m and adjusted EBITDA up 23% to €169m. TalkTalk Business plans to merge with ARO. VodafoneThree cited on-the-go connectivity as a productivity drag and launched a new “Let Fun In” campaign.

Kazakhstan escalated a confidential arbitration over the Kashagan oil field, alleging corruption and inflated procurement tied to about a dozen contracts totaling $10.7 billion. Kazakhstan seeks about $160 billion overall, including environmental damage and lost profits. The North Caspian Operating Company consortium, including Shell and ExxonMobil, denies the claims. No tribunal ruling yet.

The article says U.S. President Donald Trump criticized oil majors ExxonMobil and Chevron after they reported strong 2026 Q2 profits, attributing gains to supply disruptions from the U.S.-Israeli war with Iran and higher oil prices. It cites Guardian estimates of $93B total profits for eight majors and lists ExxonMobil $14.5B, Chevron $12.2B, Shell adjusted $9.8B, BP $5.7B. It also notes Saudi Aramco net profit rose 44% to $32.69B despite Strait of Hormuz disruptions, while U.S. gasoline average

Eni and TotalEnergies say they took the final investment decision on the Cronos offshore gas project in Cyprus, targeting first production by 2028. The field is estimated at over 3 Tcf, with plans for four subsea wells and peak output around 500 million cubic feet per day. Gas would be processed via Egypt’s Zohr and Damietta LNG infrastructure operated by Eni.

A Guardian analysis says eight listed oil firms, including Saudi Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron and ExxonMobil, earned nearly $93bn in net profit in the three months to end-June, after Iran-related conflict pushed oil above $126/bbl. Aramco’s quarterly net income rose 34% to over $33bn; BP reported about $5.73bn. The article links profits and emissions to climate impacts and cites criticism from officials and campaigners.

ENI SPA (E) furnished an SEC Form 6-K — earnings release. TABLE OF CONTENTS · Approval of the first tranche of the provision in place of 2026 dividend: € 0.27 per share · Eni: results for the second quarter and half year 2026 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused th

The article lists upcoming U.S. and Canada economic releases and scheduled earnings for the week. Key data include U.S. manufacturing and services PMIs, job openings, ADP and the employment report, and initial jobless claims. It also cites quarterly EPS figures for companies such as PLTR, VRTX, MAR, AMD, CAT, LLY, NVO, and COP, among others.

Eni and TotalEnergies approved the first major Cyprus offshore gas project for the Aphrodite area, discovered in 2022 and 185 km southwest of Cyprus. The field has over 3 trillion cu ft of gas, with first production expected in 2028. Eni plans to use Egypt’s Zohr infrastructure, targeting about 2.8 million tons per year LNG. A Cypriot analyst estimated cost at $2.5-3B.