Business Magazine

European Energy Companies Are Raking in Record Profits – as Sky-high Bills Squeeze Their Customers’ Wallets

Posted on the 31 July 2022 by Phil's Stock World @philstockworld

Soaring gas prices are bad news for consumers - but they're helping major energy companies to rake in record-breaking profits. UK-listed oil and gas major Shell and Centrica, a utility, reported record-breaking quarterly profits this week. Shell posted quarterly profits of 11.5 billion pounds ($13.6 ...

This post was originally published on this site


Back to Featured Articles on Logo Paperblog