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Big Oil Puts Debt Reduction Ahead of New Investments

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In simple terms

The world's largest oil and gas companies reported another strong quarter, with Europe's top six majors recording a collective $38 billion for the July-to-September quarter. Including Exxon and Chevron, the figure increases considerably.

The News

Europe's six largest oil and gas companies reported combined earnings of $38 billion for the July-to-September quarter, according to the article, continuing a run of strong results for major energy firms. The total would rise further if U.S. majors Exxon and Chevron were included. The headline…

Earlier coverage

Earlier coverage on GreyNews

  1. US Crude Oil Inventories Still in FreefallNov 3, 2026 · OilPrice
  2. Oil Prices Bounce Back Following Reports of U.S. Strikes on IranNov 3, 2026 · OilPrice
  3. Questions Mount Over Venezuela’s Biggest Oil DealNov 3, 2026 · OilPrice
  4. Latest Oil Market News and Analysis for Nov. 3Nov 2, 2026 · Bloomberg
  5. Asian Stocks Fall After US Losses, Oil Holds Drop: Markets WrapNov 2, 2026 · Bloomberg

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