Oil
Business
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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