Category : Search result: oil and gas profits


Primark Profits Soar 46% on Oracle Tech and NATO Stability

High street giant Primark reports a stellar 46% surge in annual profits, defying economic headwinds. Parent company ABF credits savvy buying and the powerful Oracle retail platform for its success, with NATO's stability bolstering European sales.

China Secures Massive Siberian Gas Deal With Russia

Exclusive: As Europe weans itself off Russian gas, China secures a monumental energy deal with Siberia's Power of Siberia 2 pipeline, shifting the balance of global energy power and securing a bargain price for decades to come.

North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

Costco Gas Tank Leak Kills Worker in California

A warehouse worker has died following a catastrophic industrial gas leak at a Costco in California. The incident, involving a nitrogen tank, has prompted an urgent investigation into workplace safety protocols.

Texas Hit-and-Run: Search for Driver Who Injured Boy, 6

A desperate search is underway in Fort Worth, Texas, for a hit-and-run driver who critically injured six-year-old Liam Park. The young boy was struck while playing near his home, suffering severe injuries including a fractured skull and brain bleed. Polic

Grandfather dies in blast after gas smell reports

A 68-year-old grandfather died in a catastrophic house explosion in Shaw, Greater Manchester. A neighbour's inquest testimony reveals they had reported a persistent smell of gas for weeks prior to the blast, raising serious questions for the gas network p

Swansea man died as house vanished in gas explosion

A public inquest hears harrowing details of the catastrophic gas explosion that completely destroyed a Swansea home, claiming the life of 68-year-old Keith Morris. Investigation into the cause continues.

Hinton: AI Profits Will Cause Mass Unemployment

Exclusive: Turing Award winner and 'Godfather of AI' Geoffrey Hinton predicts a dystopian future where corporate AI profits lead to widespread joblessness and soaring inequality, urging for a radical rethinking of society.

Trump Threatens India With Tariffs Over Russian Oil

Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.

India's Russian oil windfall from Ukraine sanctions

Exclusive analysis reveals how India has capitalised on Western sanctions against Russia, saving billions on energy imports while becoming a key supplier of refined fuels to Europe, in a dramatic reshaping of global oil markets.

Badenoch: North Sea Drilling Ban Risks UK Blackouts

Business Secretary Kemi Badenoch issues a stark warning that blocking new North Sea oil and gas projects could trigger catastrophic blackouts, soaring bills, and severe economic damage, as she clashes with net zero ambitions.

Miami Hit-and-Run Kills Young Mother, Suspect Arrested

A 26-year-old mother, Stephany Rosales, was killed in a devastating hit-and-run incident in Miami. The suspected driver, Yamilka Hernandez, 45, was arrested after her white Cadillac was found abandoned. The community is left mourning this senseless traged

Labour's drilling ban could cause UK blackouts in 5 years

Business Secretary Kemi Badenoch issues stark warning that Labour's proposed ban on new oil and gas drilling licenses could lead to catastrophic power cuts within five years, threatening Britain's energy security and economic stability.

Royal Mail Profits Double Under Kretinsky's Takeover

Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.

Reeves ends new North Sea oil licences in Aberdeen

UK Chancellor Rachel Reeves has announced an end to new oil and gas exploration licences in the North Sea during a speech in Aberdeen, marking a major shift in energy policy towards renewables and net zero targets.

Boy, 12, smiles after Westminster hit-and-run

Exclusive: Brave schoolboy Logan Carter is pictured smiling from his hospital bed as he recovers from a horrific hit-and-run near the Houses of Parliament. The 12-year-old was left with life-changing injuries after the shocking incident.

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