18.4 C
New York
May 17, 2025
Business Climate crisis Energy industry Environment europe Fossil fuels Gas news Norway Oil UK news

Britain’s biggest gas supplier accused of ‘profiteering’ from energy crisis

Britain’s biggest gas supplier accused of ‘profiteering’ from energy crisis

Climate campaigners hit out at Norwegian state-owned Equinor’s record £62bn profits as household bills rise

Britain’s biggest gas supplier, the Norwegian state-owned oil company Equinor, has been accused of “profiteering” from the energy crisis and higher household bills after posting record annual earnings of £62bn.

The oil and gas producer said on Wednesday that adjusted profits hit $15.1bn (£12.5bn) in the final three months of last year, bringing total annual profits to $74.9bn, the highest in its 51-year history.

Continue reading…

Related posts

France faces another day of strikes ahead of key vote on pension reforms

TheWorldsNews

Eurostar reverses wheelchair policy that left user stranded, after Observer campaign

TheWorldsNews

EU ambassador to China urges Beijing to stop building coal-fired power plants

TheWorldsNews

Pin It on Pinterest

Share This