Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would cost the group about $2 billion. Paul Ellis | Afp | Getty Images British oil giant Shell on Thursday posted its highest-ever annual profit, bolstered by soaring fossil fuel prices and robust demand since Russia’s
Shell has announced annual profits of $39.9bn (£32.2bn), doubling from a year earlier and far exceeding the previous record of $31bn in 2008. The London-listed company also posted record fourth-quarter earnings of $9.8bn (£7.9bn). The profits – which were even higher than the $38.17bn (£30.8bn) analysts had expected – came thanks to bumper gas prices
A former commander of Russia’s notorious mercenary Wagner Group who is seeking asylum in Norway has apologised for fighting in Ukraine. Andrei Medvedev said he wanted to speak out about his experiences in the war – and within the private group owned by millionaire Yevgeny Prigozhin, who has ties to Russian President Vladimir Putin –
Conservative party chairman Nadhim Zahawi has been sacked from his role over a “serious breach of the ministerial code”. Live updates: https://news.sky.com/story/politics-news-latest-rishi-sunak-heads-for-cabinet-away-day-at-chequers-as-trip-branded-hideaway-day-by-opposition-party-12593360 #grenfelltower #sophyridge #borisjohnson #michaelgove SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews
Rep. George Santos (R-NY) took to the House floor to deliver a speech on International Holocaust Remembrance Day after lying about his Jewish heritage in his 2022 congressional campaign. CNN’s Abby Phillip and David Chalian react. #CNN #News
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback. Here are the results. Earnings: $1.76 per share Revenue: $32.17 billion vs $31.53 billion expected, according to Refinitiv The company also reported
The boss of British Gas’s owner, Centrica, said “there is no excuse” after an investigation found the company sent debt collectors who broke into customers’ homes to install prepayment meters. Chris O’Shea added that customers do not deserve to be treated in such a way, that he would not “justify it” and said he is
Feb 1, 2023 Associated Press IndyCar driver Conor Daly would accept a last-minute Daytona 500 ride if offered the chance to enter “The Great American Race.” Helio Castroneves last week ruled out trying to make NASCAR’s season-opening race because the four-time Indianapolis 500 winner did not believe there was enough time to prepare for the
Channel 4 has said its showing of a Simpsons episode centred on workers’ rights on the biggest day of strike action in a decade was a coincidence. The broadcaster received praise online for showing the episode, which sees Homer Simpson challenge Mr Burns over the employees’ dental plan, which culminates in a strike at the
5:18 PM ET The dust has settled, and the numbers are in. Since June 10, when the summer transfer window opened, Chelsea has spent more than €600 million on new signings ($650m): 14 permanent signings and two on loan. In that time frame, covering the past two transfer windows, they released players to other clubs
Hollywood actor Alec Baldwin will make his first appearance in a US court on 24 February over the fatal shooting of cinematographer Halyna Hutchins. Baldwin, 64, faces two counts of involuntary manslaughter stemming from the incident on the set of the Rust movie in October 2021. He was formally charged with the offences by the
EVs are making their way into every crevice of the economy. The latest is armored electric vehicles, as the cash-handling industry moves to reduce emissions. Cash delivery giant Loomis says it’s expanding its partnership with Xos, ordering an additional 150 armored EVs to use for US operations. Loomis orders 150 armored electric vehicles from Xos
In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and new companies are working on turning ammonia into hydrogen to power tractors, trucks and even ships. The heavy duty trucking industry alone accounts for
In this article SMSD-GB Follow your favorite stocksCREATE FREE ACCOUNT Samsung announced its flagship Galaxy S23 smartphone lineup on Wednesday. Samsung Samsung on Wednesday launched its latest lineup of flagship Galaxy smartphones, touting a better camera and enhanced gaming features as the South Korean tech giant tries to tempt people to upgrade amid weak macroeconomic
The head of the Royal Air Force admitted to mistakes and failings after it was claimed that the former head of recruitment had identified “around 160 cases” of discrimination against white men. Air Chief Marshal Sir Mike Wigston, appearing before a committee of MPs on Wednesday for the first time since the scandal broke last
Tyre Nichols’s mother said “blood is going to be on the hands” of Congress men and women if they fail to pass a bill that would limit immunity for US police officers. US vice president Kamala Harris and celebrated civil rights activist Rev Al Sharpton urged Congress to pass the George Floyd Justice in Policing
Feb 1, 2023 With many of the PGA Tour’s biggest stars taking the week off before teeing it up in Phoenix during Super Bowl week, the golf world’s attention shifts back to the Middle East, where hopefully someone is shaking that palm tree to find Patrick Reed’s ball. A handful of PGA Tour members and
The head of markets at the National Grid Electricity System Operator has told Sky News that its new energy saving scheme “is likely how we’re all going to operate in the future.” The new Demand Flexibility Service, which allows consumers to volunteer to use less electricity at times of peak demand to help avoid blackouts,
Labour is demanding the government publishes its promised progress report on “levelling up”, saying there is “no excuse for dodging scrutiny by both parliament and the public”. Shadow levelling up secretary Lisa Nandy has written to her government counterpart, Michael Gove, pointing to the pledge he made when launching the levelling up white paper one
Nadhim Zahawi has been sacked as Tory party chairman after an ethics inquiry into the handling of his tax affairs found a “serious breach” of the ministerial code. Prime Minister Rishi Sunak had resisted earlier calls from opposition parties to fire Mr Zahawi following reports that he had paid a penalty as part of an