Oil and gas company beats analysts’ forecasts as its profits reach $5bn in the first three months of the year
Labour calls for energy firms to pay more tax on £60m-a-day profitsAnalysis: does UK need to drill for more North Sea oil and gas?
BP has defied an easing in energy prices to post one of the largest first-quarter profits in its history, reigniting a debate over windfall gains by oil and gas firms.
The energy company said its underlying profits reached $5bn (£4bn) in the first three months of the year, outstripping analysts’ forecasts.
Continue reading…Oil and gas company beats analysts’ forecasts as its profits reach $5bn in the first three months of the yearLabour calls for energy firms to pay more tax on £60m-a-day profitsAnalysis: does UK need to drill for more North Sea oil and gas?BP has defied an easing in energy prices to post one of the largest first-quarter profits in its history, reigniting a debate over windfall gains by oil and gas firms.The energy company said its underlying profits reached $5bn (£4bn) in the first three months of the year, outstripping analysts’ forecasts. Continue reading…