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BP profits more than double to £4.2billion as Iran conflict drives higher oil prices
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Guardian Business
Shell’s profits more than double after jump in oil and gas prices
Environmental groups renew calls for windfall tax to support households following Q2 earnings rise to $9.84bn
Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East.
The FTSE 100 company’s net profit hit $9.84bn (£7.4bn) in the three months ended in June, more than double…
30 Jul, 07:08
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GB News
BP profits more than double to £4.2billion as Iran conflict drives higher oil prices
BP has reported quarterly profits of $5.7billion (£4.2billion), more than double the $2.3billion (£1.7billion) it made a year earlier, as higher oil prices lifted the energy giant’s performance.
The result beat City expectations of $5billion (£3.7billion).
Chief executive Meg O’Neill described the quarter as “strong”, delivered during “one of the most disrupted periods in the global energy market”.
The figures cov…
4 Aug, 10:16