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ExxonMobil’s record-breaking $20bn profit nearly matches Apple’s

The US oil supermajor ExxonMobil has reported a quarterly profit of nearly $20bn (£17. 3bn), $4bn more than analysts...
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Business

Profits at world’s seven biggest oil firms soar to almost £150bn this year

Profits at the world’s biggest oil companies have soared to nearly £150bn so far this year as Russia’s war...
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Business

Shell paid zero windfall tax in UK despite record global profits

Shell has paid zero windfall tax in the UK despite making record global profits of nearly $30bn (£26bn) so...
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Business

Carbon emissions to peak in 2025 in ‘historic turning point’, says IEA

Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels in...
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Top News

Saudi Arabia claims US requested one-month delay to oil production cut

Saudi Arabia has claimed it was pressured by the Biden administration to delay by a month a decision to...
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Business

Cutting oil output risks global economy, warns US Treasury secretary

The world’s biggest oil-producing nations cutting production at a time of soaring energy costs is “unhelpful and unwise” for...
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Business

‘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...
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Business

Kwasi Kwarteng to lift cap on banker bonuses; Shell names new CEO – business live

Key events 1h ago Relatively flat open for European markets 1h ago Introduction: Banker bonus cap on the chopping...
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