Chancellor: Extending windfall tax a ‘difficult decision’
Chancellor Jeremy Hunt has admitted extending the windfall tax on energy firms was a tough…
Tag: energy profits
Iberdrola’s profit grows
Iberdrola has made an investment of €11.38 billion, resulting in a 10.7% increase in net profit…
Energy industry launches urgent talks on Labour’s tax plan
Offshore Energies UK is convening emergency summits this week at its London and Aberdeen…
EDF faces €12.9bn hit over Hinkley Point C setbacks
French energy giant EDF takes a €12.9 billion charge due to delays and overruns at the Hinkley…
Ofgem urged to act on lowering customer bills
Trade union UNISON has urged Ofgem to respond decisively to the surging energy prices and…
British Gas profits increase ten-fold
British Gas has reported a ten-fold increase in profits for 2023, reaching £750 million,…
TotalEnergies reports highest ever profit
French energy giant TotalEnergies reports its highest-ever profit of $21.4 billion for 2023
Equinor reports £9.4bn in annual profits
Equinor's fourth quarter profits exceeded expectations, driven by a reduction in operating…
Ofgem expands profit reporting to smaller energy suppliers
The decision, effective from 29th March 29, follows consultations and includes adjustments to…
Shell’s big profit dip
Despite a nearly 30% drop in annual profits to $28 billion, energy giant Shell is initiating a…
