24.7 C
New York
June 6, 2023
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

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

Russia-Ukraine war at a glance: what we know on day 409 of the invasion


Profits at Apple’s subsidiary in Ireland rise to $69bn


Kremlin drones certainly don’t look like a cunning plan by Moscow


Pin It on Pinterest

Share This