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Re: The energy crisis
https://www.bbc.co.uk/news/business-62330190
Quote:
UK energy bills are expected to rise again in the coming months, with one consultancy warning they could hit £3,850 a year by January.
The announcement of a resumption in dividends came as Centrica reported soaring profits for the first half of the year.
Adjusted operating profit for the six months ending in June rose to £1.34bn from £262m a year earlier.
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Quote:
Shell also reported strong results on Thursday, with second quarter profits of $11.5bn (£9bn).
The energy giant also announced another $6bn share buyback programme for the current quarter, on top of the $8.5bn of shares it bought back in the first half of 2022. But it did not raise its dividend of 25 cents per share.
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