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- While oil and gas firms made record profits when energy prices spiked, suppliers that took on the customers of bust retailers made hefty losses. Centrica, British Gas's parent company, said its profits fell by 17% to £2.8bn.
www.bbc.co.uk/news/business-68303647
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Jun 11, 2024 · The top five US-based oil and gas companies by market cap, according to S&P Global — ExxonMobil (XOM), Chevron (CVX), ConocoPhillips , EOG Resources (EOG) and Schlumberger — have raked in...
Mar 7, 2022 · Several major oil companies — Exxon, Chevron, BP and Shell — reported record-breaking profits before the invasion.
On Tuesday, BP reported record annual profits of $27.7bn (£23bn) for 2022, as it scaled back plans to reduce the amount of oil and gas it produces by 2030. Those profits were double the...
Feb 2, 2023 · Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double the...
Jul 30, 2021 · Rising oil prices driven by reopening economies and surging demand has pushed up profits, which has helped majors pay off the debt accumulated during the COVID-19 bust far earlier than...
Jul 28, 2022 · Shell has broken its profit record for a second consecutive quarter and announced a $6bn share buyback scheme as the fallout from the war in Ukraine continues to generate bumper earnings for the...
Jul 3, 2023 · While companies such as Shell and BP have made record profits in recent years from oil and gas extraction, the two firms - along with other smaller domestic energy suppliers - have been...
