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British Gas owner Centrica resumes shareholder payout as bills rise

Summary by Ground News
British Gas owner Centrica enjoyed half-year profits five times higher than those in 2021's first six months, while Shell attributed its enormous numbers to higher prices, refining profits, and gas trading. Shell reported record profits of $11.5bn for the second quarter, more than double last year's figure. The oil giant had already smashed its own quarterly record at the start of the year. Shell attributed the enormous numbers to higher prices, refining profits and gas trading, though this was partly offset by lower liquefied natural gas trading.

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  • 44% of the sources lean Left
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The Independent broke the news in London, United Kingdom on Thursday, July 28, 2022.
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