Shell, BP boost profit, sink investment in renewable energy – DW

While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed. Oil and gas giant Shell last week announced a historic near $40 billion (€37.18 billion) profit in 2022. Other multinational…

#bp #exxonmobil #ukraine #bernardlooney #society #maeveoconnor #carbontracker #dw #globalwitness #zorkamilin