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The Guardian - UK
The Guardian - UK
Business
Alex Lawson Energy correspondent

Britain’s biggest gas supplier accused of ‘profiteering’ from energy crisis

Equinor's liquefied natural gas terminal in Melkøya, Norway.
Equinor's liquefied natural gas terminal in Melkøya, Norway. Photograph: Ole Berg-Rusten/NTB/AFP/Getty Images

Britain’s biggest gas supplier, the Norwegian state-owned oil company Equinor, has been accused of “profiteering” from the energy crisis and higher household bills after posting record annual earnings of £62bn.

The oil and gas producer said on Wednesday that adjusted profits hit $15.1bn (£12.5bn) in the final three months of last year, bringing total annual profits to $74.9bn, the highest in its 51-year history.

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