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Oil and gas companies

Peak power: hydrogen to be injected into UK station for first time

Hydrogen will be injected into an emergency gas-fired power station for the first time in a pilot backed by...

‘Significant risk’ of winter gas shortage threatens UK power supply, says Ofgem

The UK’s energy regulator, Ofgem , has warned there is a “significant risk” of gas shortages this winter, which...

Tory MPs angrily challenge Rees-Mogg’s fracking revival plan

Ministers face a furious backlash from Conservative MPs after overturning a manifesto pledge to pause fracking until it is...

BP profits triple to $8.5bn as energy prices soared – business live

Key events 12m ago Labour: More eye-watering profits for oil and gas producers 34m ago BP boosts dividend 50m...

Tory MP urged to quit job as adviser to ‘climate denier’ US fossil fuel firm

A Tory MP has been urged to quit his second job as a £325-an-hour adviser to a US fossil...

Oil company profits boom as Americans reel from high fuel prices

The US’s biggest oil companies pumped out record profits over the last few months as Americans struggled to pay...

Shell’s profits hit record $11.5bn, as UK households face winter energy bill pain – business live

From 1h ago 02. 28 Introduction: Shell reports record profit of $11. 5 billion Good morning, and welcome to...

Wellcome Trust sells stakes in large oil and mining companies

One of the UK’s biggest philanthropic investors has quietly sold its stakes in large oil and mining companies such...

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