The commodity trading industry has accumulated as much as $120bn in cash reserves after five years of record growth, building a war chest that the biggest traders are set to reinvest to strengthen ...
The record results come after allowing for costs associated with BP's takeover last year of oil ... City analysts confirmed that much of the higher profits from petrol sales came from the US ...
For 2023, the supermajors booked smaller profits, although in absolute terms, the figures were yet again quite impressive.
Payout by Saudi Arabia’s state-owned oil company likely to anger energy company campaigners Saudi Arabia’s state-owned oil ...
Record profits also allowed oil majors to strengthen ... raise taxes on profits by companies like Shell, Total, and BP, ban new oil and gas projects globally, and speed up public green investments ...
The world’s biggest independent oil traders have earned record-high profits in the past two years ... prompted oil and gas giants like Shell and BP to streamline and/or reduce exposure to ...
BP’s new boss Murray Auchincloss received a pay packet worth just over £8m last year. Mr Auchincloss took over as chief ...
Campaign group Global Witness labels Murray Auchincloss’s £8m paycheck ‘sickening’ and says it would take an average UK ...
The government's windfall tax on oil and gas companies has been extended for another year and will run until 2029. The Energy ...
Commentary: The state comptroller must explain his decision not to meaningfully divest from oil and gas stocks.
Analysts are expecting BP's fourth quarter profits to sink 27% lower to $2.7 ... to secure their fix of the summer sun after January's record rainfall. Trading in China is likely to remain a ...
Susan Thomas with Just Transition NWI said that IDEM's track record ... "The BP Whiting Refinery was issued a fine of $40 million for polluting last year, which is 0.3% of its profits for the ...