Just Transition

Six of the biggest fossil fuel companies are projected to earn $2,967 a second in profits in 2026, new Oxfam research finds, ahead of the first global conference this week on Transitioning Away from Fossil Fuels in Santa Marta, Colombia.

Fossil fuel companies projected to earn almost $3,000 (Php180,000) a second in 2026 while families struggle to afford energy bills worldwide

April 30, 2026

Six of the biggest fossil fuel companies are projected to earn $2,967 (Php180,000) a second in profits in 2026, new Oxfam research finds, ahead of the first global conference this week on Transitioning Away from Fossil Fuels in Santa Marta, Colombia.