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Projections made by analysts Rystad Energy on Thursday show oil and gas-extracting companies — including ExxonMobil, BP and Shell — are set to make €776bn profits this year, a new high exceeding last year’s record of €493bn by 70 percent. The largest share is returned to investors, followed by debt-servicing, Rystad figures show. Investments in new oil and gas field remain relatively low.
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