As energy bills rise, oil giants are poised to make unpopular profits

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As energy bills rise, oil giants are poised to make unpopular profits
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  • 📰 The Guardian
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BP, like its competitors, looks like becoming a ‘cash machine’ again this week as it surfs the wave of soaring gas prices

A tanker fills up at a BP terminal: a profit of almost $4bn is expected in the company’s fourth-quarter results.A tanker fills up at a BP terminal: a profit of almost $4bn is expected in the company’s fourth-quarter results.illions of British homes are preparing for a cost of living crisis prompted by the global gas supply crunch, but the high market prices mean big revenues for the world’s fossil fuel giants.

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