Jan 7th, 2022
by John Donovan.
Mirror
UK oil and gas giants raked in £10BILLION in just THREE months as energy bills soar
By Ben Glaze Deputy Political Editor: Pippa Crerar Daily Mirror Political Editor: 7 Jan 2022
Shell and BP reported the combined profits, dividends and buybacks just as wholesale gas prices began to soar. The two firms have had £660 million in tax credits in the last five years
The UK’s biggest oil and gas companies raked in £10.2billion in just three months last year, figures reveal.
Shell and BP reported the combined profits, dividends and buybacks just as wholesale gas prices began to soar. read more
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Jan 7th, 2022
by John Donovan.
The National
Shell’s gas profits ‘significantly’ boosted by energy crisis
Alice Haine: London Jan 7, 2022
Royal Dutch Shell said its natural gas trading business overcame supply disruptions to post “significantly higher” earnings for the fourth quarter compared with the previous three months amid record gas prices – but oil product sales were less buoyant.
The energy company said the “high liquid natural gas spot price environment” gave the company a boost, according to a trading update ahead of its fourth-quarter results on February 3, making it one of the few winners during the energy crisis gripping Britain and wider Europe. read more
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John Donovan. There is also a
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