Climate warning
Image of Peter Karanga
Peter Karanga

110 w

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Image of Equinor ASA

Equinor ASA

Climate warning

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

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.
France’s largest oil and gas company, TotalEnergies, one of the biggest operators in the North Sea, also reported record annual profits on Wednesday. Its adjusted earnings hit $36bn and it said it would buy back a further $2bn of its own shares.

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https://amp.theguardian.com/business/2023/feb/08/britain-biggest-gas-supplier-accused-of-profiteering-from-energy-crisis-equinor



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116 more agrees trigger scaled up advertising

  • ance Star

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    93 w

    This is so disgusting issue

    7
    • Priscilla Kabage

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      93 w

      This is wrong,

      1
      • john linus Tom

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        93 w

        This is too bad, selfishness

        1
        • We Don't Have Time

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          110 w

          Dear Peter Karanga Thank you for getting your climate warning to level 2! We have reached out to Equinor and asked for a response. I will keep you updated on any progress! /Adam We Don't Have Time

          5
          • Daniel Waweru

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            110 w

            This is so selfish of them

            8
            • Tabitha Kimani

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              110 w

              Quite irresponsible and self centeredness. Its unethical business practice.

              2

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