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BBC5d
BP scales back climate targets as profits hit record
Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to $27.7bn (£23bn ...
18d
Doubling of BP boss pay to £10m is a ‘kick in the teeth’, say campaigners
Bernard Looney’s bumper pay package follows annual profits of £23bn linked to soaring gas prices sparked by Russia-Ukraine ...
The Washington Post19d
BP CEO pay doubles to $12M as high energy costs surge profit
LONDON — Total pay for BP’s CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while ...
1don MSN
North Sea oil and gas firms are struggling despite BP and Shell record profits, industry body warns
The record earnings of BP and Shell do not reflect the challenges most North Sea producers face from the windfall tax, argued ...
BBC1d
BP
Bernard Looney, who once called the oil firm a "cash machine", has seen profits jump on soaring prices. Critics want the windfall tax to be extended after BP and Shell reported record profits for ...
Seeking Alpha19d
BP CEO's pay doubled to £10M in year of record profit
BP (BP) paid CEO Bernard Looney more than doubled last year to £10M from £4.46M in the previous year after the company posted record profits of $27.7B (£23M). BP said in its 2022 annual report ...
22hon MSN
BP and Abu Dhabi's state oil giant make $2bn bid to buy 50% of NewMed
If the deal goes ahead it would mark BP's entry into Israel's growing energy sector, at a time when the oil giant is rowing ...
16d
Saudi Aramco, the world's largest oil company, announces record profit of over $161 billion for 2022
The Saudi Arabian Oil Company, commonly referred to as Saudi Aramco, posted a record profit of $161 billion in 2022 amid ...
Politico Europe4d
‘Mind-boggling’ profits for big oil puts tax hikes back on the agenda
Across the Channel, BP on Tuesday announced net profits of $27.7 billion ... Norway’s Equinor, meanwhile, announced record net profits of $28.7 billion in a year that it replaced Russia as the EU’s ...
8d
‘The greed is palpable’: Oil and gas workers to strike as fossil fuel firms record bumper profits
Workers are being left out in the cold when it comes to sharing this wealth, according to Unite general secretary Sharon ...
Splash 247
2d
Liner profits smash all records
The earnings before interest and taxes (EBIT) liner shipping has made in the past three years are more than the combined ...
19d
BP CEO pay doubles to $12 million as high energy costs surge profit
Total pay for BP’s CEO more than doubled to $12 million last year, as soaring energy costs allowed oil and gas companies to ...

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