Government urged to do more on energy profits as oil and gas prices fall
Opposition parties said that the Government was failing to act as oil companies continue to rake in massive profits even though oil and gas prices have come down from last year’s highs. BP on Tuesday reported that it had made around 2.59 billion US dollars (£2 billion) in underlying replacement cost profit over the three months to the end of June. Despite it being more than two-thirds lower than last […]