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Enis Q2 results were affected by the disruption to the company’s oil and gas operations in Libya. Net profit for the second quarter was US$1.78 billion a decrease of 31 per cent compared with the second quarter of 2010.

Chevron reported second quarter net income of US$7.7 billion, up from US$5.4 billion in second quarter 2010 on the back of higher crude oil prices.

Occidental Petroleum Corporation (OXY) announced higher quarterly profits of $1.8 billion for the Q2 of 2011, compared with US$1.1 billion for Q2 in 2010, on the back of higher crude oil prices.

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