Fury as Shell rakes in record $9.6bn first quarter ‘profit bonanza’ Shell’s ‘profiteering bonanza’ fuelled calls for a tougher windfall tax on oil giants accused of cashing in on soaring energy prices The Independent UK · May 4, 2023
Oil giants 'practically untouched' by windfall tax as Shell announces bumper profits OIL giants Shell, Equinor and BP have announced multi-billion pound profits, sparking calls for tougher windfall taxes on fossil fuel companies. The National (Scotland) · May 4, 2023
Shell makes nearly £1.4 billion more than expected Oil giant will buy back shares worth £3.2bn from investors over the next three months Insider UK · May 4, 2023
ECB’s Lagarde says some firms have taken advantage of inflation to lift profit margins, after raising interest rates – as it happened European Central Bank has lifted its key interest rates by a quarter of one percent The Guardian - UK · May 4, 2023
Shell makes nearly £1.4bn more than expected in first three months The business joined its rival BP in reporting expectations-beating results Wales Online · May 4, 2023
Shell accused of ‘profiteering bonanza’ after record first-quarter profits of $9.6bn Figure easily beats predictions and comes despite fall in oil and gas price The Guardian - UK · May 4, 2023
Could've, should've Re: "Thaksin's tweet sparks debate", & "In Quote", (BP, May 2). Bangkok Post · May 3, 2023
Democrats still aim to probe oil giants’ climate-change knowledge - Roll Call Senate Democrats aim to continue a House investigation into the oil industry's so-called supermajors and what they knew about climate change. Roll Call · May 3, 2023
Morning Mail: Liberals accused of flirting with ‘far-right fringe’ over voice, rocketing rents, BP’s ‘heinous’ profits Mark Dreyfus accuses Michaelia Cash after her appearance on controversial Sky News segment The Guardian - AU · May 2, 2023
BP profits explained and where that money goes Growing calls for the government to close a ‘loophole’ in its windfall tax on oil and gas companies amid bumper profits The Independent UK · May 2, 2023
BP makes £4bn in three months as Labour's calls for windfall tax are fuelled further BP’s latest profits, between this January and March, were around £560millon more than analysts who follow the company predicted it would make Daily Mirror · May 2, 2023
Calls for ‘loophole’ to be closed as BP profits are £500m ahead of expectations Enormous earnings are the ‘unearned, unexpected windfalls of war’, says Labour shadow energy secretary Ed Miliband The Independent UK · May 2, 2023
SNP and Labour slam Tories after BP profits are £500m more than expected The oil giant said it made just under £4 billion in underlying replacement cost profit between January and March. Daily Record · May 2, 2023
BP posts $5B quarterly profit on strong oil and gas trading British energy giant BP has posted strong quarterly profit numbers even as energy prices that soared after Russia’s war in Ukraine last year have eased off The Independent UK · May 2, 2023
Evening Standard · May 2, 2023 BP reports blockbuster profit for the first quarter but slows from 2022’s record-breaking pace Shares in the FTSE 100 oil major fall as rate of share buybacks also eases
France 24 · May 2, 2023 Yellen warns of looming June 1 US debt ceiling deadline US Treasury Secretary Janet Yellen has written to congressional leaders warning that the federal government could run out of cash as early as June 1, unless they agree on raising the debt limit or suspending it. President Joe Biden has invited Republican House leader Kevin McCarthy for talks on May…
Insider UK · May 2, 2023 BP profit more than £500 million higher than expected Just under £4bn of profit was reported between January and March, due to strong performance in oil trading
The National (Scotland) · May 2, 2023 Oil giant BP profit more than £500m higher than expected OIL giant BP’s profit was more than half a billion pounds higher than expected in the first three months of the year as the business continued to…
Wales Online · May 2, 2023 Oil giant BP makes £4bn profit in three months despite rise in fuel prices The huge quarterly profit figure has led to critics claiming the profits are undeserved while many are struggling to heat their homes due to rising fuel costs.
The Guardian - UK · May 2, 2023 BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of year
Evening Standard · May 2, 2023 FTSE 100 Live: FCA unveils new rules to make London listings more attractive The FTSE 100 index today regained lost ground during a busy session for blue-chip updates.
The Guardian - UK · May 1, 2023 Labour calls for energy firms to pay more tax on £60m-a-day profits Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK households
Daily Mirror · May 1, 2023 Energy giants raking in £60 million a DAY in profit as Tories ignore windfall tax demands The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.
Daily Mirror · May 1, 2023 Energy giants raking in £60 million A DAY in massive Tory tax fail Firms including BP and Shell are this week set to announce profits of more than £10billion since the start of the year
The National (Scotland) · May 1, 2023 North Sea oil and gas profits must be reinvested in Scotland, SNP say The SNP has said profits from North Sea oil and gas must be reinvested in Scotland, accusing Westminster of “hoarding” Scotland’s…