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MYSTERIOUS: 61 | Mind Blowing Facts

Cheapest places for petrol in Merseyside as cost of living surges to record levels

Prices of petrol hit record highs over the weekend

Liverpool Echo

Why BP, Exxon Mobil And Marathon Oil Shares Are Falling

Shares of energy companies, including BP plc (NYSE: BP), Exxon Mobil Corp (NYSE: XOM) and Marathon Oil Corporation (NYSE: MRO

Benzinga

UK petrol prices hit all time high at £81 a tank as living costs surge to record levels

The surge comes just a week after oil giant BP posted its highest annual profit in eight years amid mounting pressure on the sector as the cost-of-living crisis deepens

Daily Mirror

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What could be fairer than a tax on oil and gas’s North Sea winnings?

Labour is pushing for a windfall tax on the industry’s bonanza – and Sunak must grasp that this is not even an ‘un-Tory’ idea

The Guardian - UK

The case for a UK windfall tax on oil and gas giants is unanswerable

While the likes of BP make colossal profits, consumers face huge bills. The solution is clear, says professor of political economy Michael Jacobs

The Guardian - UK

Looking At BP's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

BP garage 'threatens to call police' on young driver because he's 3p short for fuel

Shekira Malcolm's son Donté explained he only had £30 cash and no card, but the BP attendant started to call 999 before another customer intervened

Daily Mirror

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Facts give lie to claim record oil money is being poured into green projects

Analysis: Little of record profits going to UK taxpayers as fossil firms claim cash is needed for move to low carbon

The Guardian - UK

The Guardian view on windfall taxes: an idea whose time has come again

Editorial: Labour’s Ed Miliband is right to call for a one-off increase in corporation tax on North Sea producers to fund lower bills for consumers

The Guardian - UK

BP Whale Trades For February 09

Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

BP can thank Moscow for plenty of its jackpot profits

Analysis: oil firm retains 20% share of Kremlin-backed Rosneft, which contributed a similar slice of BP’s $12.8bn windfall annual profit

The Guardian - UK

Oil giant BP has 'more cash than we know what to do with' after almost £10bn profits

BP boss Bernard Looney, who has splashed out on a £5.2million apartment, is set for a bumper bonus. Yet the company rejected calls for a windfall tax on oil and gas producers to help ease the cost of living crisis

Daily Mirror

After BP’s £10bn year here are three reasons for a windfall tax rethink

Sunak still has time to make a ‘cash machine’ withdrawal to ease consumers’ energy bill pain

The Guardian - UK

Windfall tax ruled out by UK Government as oil companies bank soaring profits

Labour renewed calls for a windfall tax as BP reported £9.5 billion in profits.

Daily Record

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Benzinga

Recap: BP Q4 Earnings

BP (NYSE:BP) reported its Q4 earnings results on Tuesday, February 8, 2022 at 03:00 AM. Here's what investors need to know about the announcement.

The Independent UK

BP profits explained and where that money goes

PA looks at the increasing calls for a windfall tax and what the oil giant has done with all the extra profits.

The Independent UK

BP reports £9.5bn profits as energy prices surge amid calls for windfall tax on oil giants

Bumper earnings have led to intensifying pressure for higher taxes on the sector as households face crippling bill increases

Evening Standard

The best way to reform BP: buy more of the shares

City Comment: How would a windfall tax work, anyway?

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The Independent UK

BP profits surge as high gas prices hit household finances

BP PLC has reported its biggest full-year profit for eight years

Daily Mirror

BP boasts record profits amid energy bills crisis - raking in £9.5billion

British Petroleum notched up £3.01 billion of profits in the final three months of 2021 alone, which was better than expected and up from just £85.1 million a year earlier

Insider UK

BP swings to £9.5 billion annual profit

The results follow the oil giant slumping to its biggest annual loss in 2020

Wales Online

BP announces £9.5bn annual profit amid calls for windfall tax to help cost of living crisis

The figures follow rebounding oil prices after economies worldwide have reopened following the early stages of the pandemic

The Independent UK

BP swings to highest annual profit in eight years

Calls are growing for a windfall tax on energy giants as they reap hefty profits while households and businesses face a cost-of-living crisis.

Evening Standard

FTSE 100 Live: BP promises UK spending, Ocado shares slide, Tui optimistic for summer travel

BP’s annual profits today rocketed to $12.8 billion (£9.5 billion), fuelling calls for a North Sea windfall tax.

The Guardian - UK

Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened

Rolling coverage of the latest economic and financial news

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