Chancellor set for crisis talks with energy companies as bills soar ENERGY sector bosses are set to take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng. The National (Scotland) · Aug 10, 2022
Shell’s offshore medics balloted on possible strike Union member vote beings tomorrow, with potential industrial action due to begin in late September Insider UK · Aug 10, 2022
Energy giant's offshore medics to be balloted on industrial action SHELL’S offshore medics are set to be balloted on industrial action in a dispute over pay. The National (Scotland) · Aug 8, 2022
Drivers spot garage selling fuel for MUCH cheaper than big name petrol stations Social media users slammed bigger petrol providers with one asking: "So a tiny village garage in Herefordshire can manage this, but not the mega-stations of Shell, BP, Esso etc?" Daily Mirror · Aug 7, 2022
Drivers issued warning over buying fuel from Tesco, Asda, Morrisons and Sainsbury’s Drivers have been warned of buying petrol and diesel from leading supermarkets as the RAC has criticised Tesco, Asda, Morrisons and Sainsbury's for not reducing their prices quicker. Edinburgh Live · Aug 7, 2022
Revealed: BP’s ‘greenwashing’ social media ads as anger over fuel costs rose Oil company spent £800,000 on social media influence ads after Labour proposed windfall tax The Guardian - UK · Aug 6, 2022
Liz Truss defends not taxing obscene oil profits as she pledges NHS shake-up The wannabe Prime Minister was challenged during a Sky News husting event over whether she would back a windfall tax on companies such as Shell, and said she would not apologise to Nicola Sturgeon Daily Mirror · Aug 4, 2022
British Gas, Shell, EDF, Scottish Power and more issue latest update on energy crisis The energy giants have spoken out on what they are doing to ease the concerns of customers who can't pay their bills Manchester Evening News · Aug 4, 2022
Shell to give staff 8 per cent bonus following sky-high profits Only executive vice president level or higher employees will miss out on the taxable pay bonus Manchester Evening News · Aug 3, 2022
Shell hands staff big bonuses after energy firm reports record profits It comes as gas prices have risen significantly across Europe following Russia’s invasion of Ukraine Wales Online · Aug 3, 2022
Shell to give staff 8% bonus after record profits Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices The Guardian - UK · Aug 3, 2022
Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief. ABC News · Aug 3, 2022
'Energy firms roll in extra cash as Tories fail to impose higher windfall tax' Record pump prices have helped it rake in profits of £880 a second, while Shell, British Gas and other energy suppliers have also been benefiting from the pain of customers Daily Mirror · Aug 2, 2022
Oil firms seem more interested in shareholders than net zero Analysis: Is the energy industry willing to invest in renewables rather than dividends and buybacks? The Guardian - UK · Aug 2, 2022
Daily Mirror · Aug 2, 2022 How are energy companies making so much money? Shell and BP announce whopping profits As the UK continues to struggle under the cost of living crisis, with energy bills rising and petrol prices at increased costs, energy companies have revealed their multi-billion pound profits
Edinburgh Live · Aug 2, 2022 British Gas, EDF, Scottish Power, Octopus: Energy support funds as bills set to reach £3,600 The average bill is expected to hit around £3,600 in October and then rise again in January with experts warning that thousands could fall into fuel poverty as the cost of living and energy crisis continues.
Insider UK · Aug 2, 2022 BP sees earnings hit 14-year high amid anger over energy firm profits The oil and gas giant has announced a 10% rise in shareholder dividends
The Independent UK · Aug 2, 2022 Anger as BP profits triple to $8.5bn amid soaring household energy bills Renewed calls for windfall tax as energy firms make ‘eye-watering’ sums as families struggle to afford bills
The Guardian - UK · Aug 2, 2022 BP profits triple to £7bn as oil prices surge because of Ukraine war Labour says government is ‘totally wrong’ to give tax breaks to oil companies amid cost of living crisis
Asharq Al-Awsat · Jul 31, 2022 Exxon, Chevron Post Record Revenues The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel shortly after the Russian invasion on Ukraine, and refining margins climbing due to tight plant capacity, ExxonMobil reported $17.9 billion in profits and…
Daily Record · Jul 31, 2022 Scots councils to consider opening buildings as 'warm banks' for freezing residents this winter A Sunday Mail investigation has revealed local authorities are already working on schemes over fears that rocketing energy bills will leave thousands unable to heat their homes.
Daily Mirror · Jul 30, 2022 Rishi Sunak accused of conflict of interest over wife's links to oil giant Shell Rishi Sunak's wife Akshata Murty owns an estimated £690 million stake in her father’s firm Infosys - which last year signed a lucrative pact with money-spinning oil giant Shell
Daily Mirror · Jul 30, 2022 'You only have to look at energy prices to see what causes the cost of living to rise' Shell have reported record profits of £10billion for a three-month period. This is a 10% increase on the previous three months, which means their profits are going up 40% a year
The Guardian - US · Jul 29, 2022 Oil company profits boom as Americans reel from high fuel prices ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn
Evening Standard · Jul 29, 2022 Oil giants report record results amid petrol and energy price hikes Exxon Mobil, Chevron and Shell all came out on top in second quarter financials