Large fossil fuel energy companies made nearly EUR 26 billion in profits in the last three months.
50% confidence
EconomyEuropean Union
Omissions
No source found states the exact claimed figure of 'nearly €26 billion' for the last three months; the figures found are ~$22bn/€20bn (six European majors, Q1 2026) and ~$48bn/€44bn (five global supermajors, Q2 2026).
The 'last three months' relative to the 2026-10-07 speech most likely refers to Q2 2026, the most recent quarter with published results; Q3 2026 results would not have been available at that date.
The figures found are NGO analyses (Global Witness, T&E, Oxfam) — secondary sources, not official statistics offices — and cover different company sets and geographic scopes (EU-only vs global).
T&E's €7.5 billion figure refers to 'excess profits' made in Europe by eight oil companies in H1 2026, a different metric (excess, not total) and a different period from the claim.
An unrelated figure of '>€26 billion' appears in the context of the EU windfall-tax (solidarity contribution) revenue raised in 2022-2023, which is a tax-revenue metric, not company profits.
SecondaryGlobal Witness — 'Shell profits obscene as European oil majors' profits surge by 43%'Six leading European oil majors' make combined $22 billion in first quarter of 2026 – the highest quarterly profits since 2022. In the first quarter of 2026, the combined $21.7 billion in quarterly profits recorded by bp, Repsol, TotalEnergies, Eni and Equinor was 43% ...
SecondaryTransport & Environment — 'Oil majors double profits in Europe in latest quarter'Just eight oil companies have made €7.5 billion in excess profits in Europe in the first half of 2026 ... Six of the eight - BP, Shell, Eni, Orlen, Repsol and OMV - more than doubled their EU profits in the second quarter of this year compared to the ...