The commodity trading industry has accumulated as much as $120bn in cash reserves after five years of record growth, building a war chest that the biggest traders are set to reinvest to strengthen ...
For 2023, the supermajors booked smaller profits, although in absolute terms, the figures were yet again quite impressive.
The world’s five largest listed oil companies have made profits of more than a quarter of a trillion dollars since Russia’s ...
BP’s new boss Murray Auchincloss received a pay packet worth just over £8m last year. Mr Auchincloss took over as chief ...
Campaign group Global Witness labels Murray Auchincloss’s £8m paycheck ‘sickening’ and says it would take an average UK ...
Reported net profit of EUR 189.3m includes EUR 21m of non-cash financial charges related to the impact of hyperinflation accounting as well as adjustments in the fair value of certain derivative ...
BP faces fierce new criticism from motorists groups today as it announced a record profit of £5.58 billion for the six months to 30 June. The company says higher margins on oil refining rather ...
BP’s new boss Murray Auchincloss received a pay packet worth just over £8m last year. Mr Auchincloss took over as chief executive on an interim basis in September, before being confirmed in the job in ...
Record profits also allowed oil majors to strengthen ... raise taxes on profits by companies like Shell, Total, and BP, ban new oil and gas projects globally, and speed up public green investments ...
The FTSE 100 has slipped back in early trading, despite US stocks hitting another new record yesterday evening. Meanwhile, the London Stock Exchange exodus continues with wealth manager Mattioli Woods ...