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While millions of people worldwide are moaning under high energy prices, major oil and gas producers such as the British Shell, the French TotalEnergies, and the American ExxonMobil are making billions in profits.   Oil and gas giants Shell and TotalEnergies benefited in the second quarter from the high energy and fuel prices caused by the war in Ukraine. As a result, shell made a profit of approximately 11.3 billion euros in the last quarter – between April and June. That was another 26 percent more than the previous record… set in the previous quarter, between January and March. As a result, 7.7 billion euros will be distributed to shareholders. France's TotalEnergies, on the other hand, tripled its profit to 5.6 billion euros, and the American ExxonMobil already indicated that t...

Ryanair made a profit of 170 million euros (174 million dollars) in the first quarter of its fiscal year, from April to June. The Irish budget flyer will announce this on Wednesday. However, Ryanair is cautious in its outlook after the usual summer crowds.   In the first quarter of 2021, when travel was still limited due to the corona pandemic, Ryanair recorded a loss of 273 million euros. Earnings in the first quarter of this fiscal year are higher than expected. Analysts consulted by financial news agency Bloomberg expected a profit of 150 million euros. Before the corona pandemic, in 2019-2020, the profit was still 243 million euros. The Irish low-cost airline says there are clear signs of "pent-up demand," with bookings closer to the travel date than before the pandemic. Ryanai...