Shell’s big profit dip
Despite a nearly 30% drop in annual profits to $28 billion, energy giant Shell is initiating a…
Tag: dividents
bp reports $2.6bn second-quarter profit amid lower fuel prices
The energy giant said the profit declined by 70% from the previous year due to lower fuel…
Shell second quarter profits plunge over 50% amid energy price drop
Despite the fall, caused by declining energy prices, the energy giant plans to reward…
Ofgem mandates energy suppliers to hold cash reserves
The measure aims to enhance industry resilience against market shocks and supplier failures
Firms urged to withhold dividends as UK energy sector eyes profitable comeback
The energy regulator has warned energy suppliers to retain profits instead of paying dividends…
‘Thames Water investors could lose everything’
Experts caution Thames Water investors that if they withhold further funding and the company…
Ofwat to crack down on water company executive bonuses
Ofwat plans to ensure customers don't fund executive bonuses that aren't earned…
US homes ‘disconnected more than 4.2m times in first ten months of 2022’
US Utilities have disconnected customers an estimated 5.7 million times since 2020, new study…
Water bosses bonuses ‘went up by 20% last year’
Executives received on average a bonus of £100,000 last year
Gazprom ‘will not pay dividends this year’
It's been 24 years since the last time the energy giant took a similar step
