Energy, Sector Focus

BP ‘profiting from cost of living crisis’, says think-tank

BP signage near field
BP has slowed the pace at which it is reining in its oil and gas production (Photo: Toby Melville/Reuters)

The IPPR has accused BP of ‘driving up prices and profits’ after the oil major beat profit expectations for the first quarter.

After the release of oil major BP’s quarterly results, the Institute for Public Policy Research, a think-tank, noted that the higher-than-expected profits came at a time ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Planting trees_forestry
Knowledge Hub, Policy & Regulation, UK
February 23, 2024

Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading System to include afforestation 
Read more