These six companies are making around EUR 94 billion of fossil fuel profits per year.

Omissions

• The claim incorrectly states EUR 94 billion when the Oxfam analysis specifies USD 94 billion; at April 2026 exchange rates, this would be approximately EUR 85-88 billion.
• The Oxfam figure is a projection for 2026 (future estimated profits), not realized current profits.
• The six companies are specifically identified as ExxonMobil, Shell, BP, Chevron, ConocoPhillips, and TotalEnergies.
• The CNN source was published on April 27, 2026, just two days before the session date of April 29, 2026.
• The per-second profit rate cited in the Oxfam analysis is $2,967, which when multiplied by seconds in a year equals approximately $93.6 billion.

Sources

• PrimaryOxfam InternationalSix of the biggest fossil fuel companies are projected to earn $2,967 a second in profits in 2026, new Oxfam research finds. This amounts to approximately $93.6 billion annually ($2,967 × 31,536,000 seconds).
• SecondaryCNNThe total projected fossil fuel profits for 2026 for all six companies stand at approximately $94 billion, the analysis found. Chevron, Shell, BP, ConocoPhillips, Exxon and TotalEnergies will make $2,967 a second in profits in 2026, an analysis from the non-profit Oxfam finds.