Tag:Profits

Oil & Gas

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess profits of oil and gas...

Michael Simire - March 10, 2026

Climate Change

COP30 must resist political capture, prioritise people over profits – Report

A new civil-society report, "Inequity, Inequality, Inaction", has delivered a stark verdict: three decades after the Rio Earth Summit and a decade on from the...

Michael Simire - November 13, 2025

Climate Change

Activists decry ExxonMobil’s Q2 profits amidst rising climate concerns

Following the announcement of record profits from TotalEnergies and Shell, ExxonMobil on Friday, July 28, 2023, announced what looks like an impressive profit. Whilst...

Michael Simire - July 28, 2023

Cover

Shell’s bumper 2023 Q1 profits of $9.6bn described as ‘obscene’

Oil giant, Royal Dutch Shell, on Thursday, May 4, 2023, posted first-quarter net profit of $9.65 billion as strong earnings from trading and higher...

Michael Simire - May 4, 2023