Economy
Environmental Groups Accused BP of Profiteering, While US President Donald Trump Said Exxonmobil and Chevron Were "Making Too Much Money"
Brent crude averaged $103.85 a barrel, up from $67.88 last year.
Environmental groups accused BP of profiteering, while US President Donald Trump said ExxonMobil and Chevron were "making too much money" and should cut consumer prices. BP chief executive Meg O'Neill said the company was not reaching its full potential and confirmed plans to sell its US renewable natural gas business Archaea, focusing on "value, not sentiment or history. The firm also put its North Sea business up for sale, ending 60 years of production there. Greenpeace's Angharad Hopkinson said corporate gains have become "entirely divorced from the public good, while End Fuel Poverty Coalition's Simon Francis urged using Windfall Tax receipts to clear household energy debt.
Source: BBC Business
