Oil majors have failed to match the bumper profits posted during the same period of last year amid weaker commodity prices.

Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed across the energy industry.

  • elbowdrop@lemmy.world
    20·
    11 months ago

    I’m sure they will somehow screw the average citizen to make up the money, or complain to the government.