Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Gas Prices

BP profits reach £23 billion after spike in oil and gas prices

Oil and gas giant comes in for criticism as it lowers the ambition of its climate change pledges

Insider UK

FTSE 100 Live: BP profits surge to £23 billion, house prices stable

BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.

Evening Standard

BP scales back climate goals as profits more than double to £23bn

Energy company faces calls for toughened windfall tax as it reaps rewards from high gas prices

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Newsom wants the feds to investigate California's high natural gas prices

Gov. Gavin Newsom on Monday jumped into the debate over the spike in natural gas prices affecting millions of California utility customers, calling on federal regulators to look at whether gouging or market manipulation is at work.

Tribune News Service

Energy bills to rise by 20% from April despite wholesale gas prices tumbling by 70%

Struggling households will see average bills rise from £2,500 to £3,000 a year in the spring after the Tories decided to cut subsidy levels under the Energy Price Guarantee

Daily Mirror

Pain at the pump: Gas in Nevada least affordable in US

LAS VEGAS — Gas prices have been a hot topic over the past year with the volatile crude oil market largely tied to the ongoing Russian invasion of Ukraine and inflation.

Tribune News Service

Editorial: Big Oil reaps record profits while the planet burns. California should curb its greed

Chevron, Shell, Exxon Mobil and other oil companies made more money than ever in 2022, showing just how massive a windfall they reaped as surging gas prices made it a struggle for drivers to afford filling up.

Los Angeles Times

Read news from The Economist, FT, and more,
with one subscription

Auto review: Honda HR-V continues the commuter tradition

In 2023, with gas prices elevated and interest rates still rising, the cost to drive continues to go up and up. It's a good thing, then, that Honda's mindset has not changed. It continues to produce affordable vehicles that last a long time and meet or exceed commuters' expectations, all…

Boston Herald

Energy relief plan won't be 'one size fits all': PM

Prime Minister Anthony Albanese says energy relief isn't a "one size fits all" plan, as the nation braces for skyrocketing electricity and gas prices.

AAP

Record Shell profit on soaring energy prices sparks outrage

London (AFP) - British energy giant Shell on Thursday unveiled record annual net profit of $42.3 billion thanks to surging oil and gas prices, sparking outrage from green groups and unions as the UK endures a cost-of-living crisis.

AFP

Shell profit doubles to record $56 billion in 2022 as war drives up energy costs

Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

ABC News

Shell under the spotlight in the City after record-breaking profit

Questions on future strategy follow huge capital return plan powered by high gas prices amid calls for windfall tax hikes

Evening Standard

Shell profit doubles to record as war drives up energy costs

Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine

The Independent UK

Shell logs record 2022 profit on soaring energy prices

London (AFP) - Shell's net profit surged to a record $42.3 billion last year, the British energy giant said Thursday, as Russia's invasion of Ukraine sent oil and gas prices soaring.

AFP

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

Calls for bigger windfall tax after Shell makes ‘obscene’ $40bn profit

Calls for larger windfall tax after surge in gas prices fuels ‘outrageous’ doubling of profits at Anglo-Dutch group

The New Daily

Watch: Gas bill hike, NT alcohol restrictions, George Pell protests

Watch: Controversial Cardinal Pell lies in state at St Mary's Cathedral. AGL and Origin raising gas prices. A report on the impact of alcohol restrictions

France 24

IMF says global growth 'surprisingly resilient' in updated forecast

The International Monetary Fund's new projections for 2023 show GDP for the world economy growing by 3.2 percent, compared to a 1.9 percent expansion last year. The improved forecast is aided by China's scrapping of its zero-Covid policy and the fall in gas prices. Also on the programme, we report…

The Independent UK

House GOP seeks new restrictions on use of US oil stockpile

For the second time this month, House Republicans are seeking to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat

Get all your
news in one place.

100’s of premium titles.
One news app.

Investors Business Daily

Eggs Cost $7 A Dozen! These Stocks Let You Cash In

Forget high gas prices. If you've tried to buy eggs lately, you've paid up or done without. But some investors are finding a way to cash in.

Reuters

South Korea to double energy vouchers amid soaring bills, cold wave

South Korea plans to double energy vouchers and a discount of gas prices for underprivileged families to cope with spiralling heating bills amid a prolonged cold wave, officials said on Thursday.

Bangkok Post

SCG Ceramics to increase prices amid energy burden

SCG Ceramics Plc, a subsidiary of SCG Cement-Building Materials Co, plans to increase its product prices again this year after months of rising electricity and gas prices.

Los Angeles Times

Editorial: Soaring utility bill? Blame the instability of fossil fuels

Californians are being hit with big increases in their utility bills this winter as natural gas prices spike dramatically, and it’s exceptionally bad timing.

StockNews.com

3 Energy Stocks That Are Screaming Buys Right Now

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could significantly boost oil and gas prices. Given the industry tailwinds, we think it…

AFP

Wholesale energy dives but bills remain sky high

London (AFP) - Plunging wholesale gas prices have sparked speculation of an end to Europe's energy crisis -- but consumers' electricity and gas bills remain sky high, fuelling runaway inflation.

The Street

Retail Sales Slump In December As Consumers Pare Spending Despite Discounts

Holiday shopping and a pullback in gas prices failed to boost December retail sales.

1 … 117 118 119 120

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

SP Global Market Intelligence

485 stories

Exxon Mobil

361 stories

Resolution Foundation

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.