BP continues to rake in billions as households struggle to pay energy bills

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Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London.
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)

https://morningstaronline.co.uk/article/h-150-bp-continues-rake-billions-households-struggle-pay-energy-bills

OIL giant BP raked in a profit of $13.8 billion (£11bn) last year as the company continued to prosper on the back of struggling households.

Warm This Winter spokeswoman Fiona Waters said that while the figures were less than the record numbers reported in 2022, BP was “still making billions while people’s energy bills continue at unaffordable levels and more and more people are being pushed into poverty.

“Meanwhile, this government continues to hand massive subsidies to these international profiteers,” she added.

“We need real energy solutions, notably renewable energy and proper insulation, to stop this ongoing cycle of obscene profits and to keep ordinary people warm this winter.”

https://morningstaronline.co.uk/article/h-150-bp-continues-rake-billions-households-struggle-pay-energy-bills

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