الاقتصادية
Source: الاقتصادية
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ExxonMobil, Chevron, BP, Shell and TotalEnergies reported combined net profits of more than $50 billion in the third quarter, driven by higher refining margins and supply shortages linked to the war with Iran. The companies directed the gains toward share buybacks, shareholder payouts and debt reduction. Shell raised its buyback programme to $5 billion, while Exxon announced an additional $20 billion programme for 2027, rather than a major expansion of new refinery construction. Their reluctance to invest reflects concerns about declining future demand and rising project costs, even as around 10% of global refining capacity remains offline and diesel shortages are expected to persist through 2027.
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