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Posts published by “Elida Wrona”

Big Oil Reports Record Profits, But There’s A CatchBig Oil Reports Record Profits, But There’s A Catch

Big Oil Reports Record Profits, But There’s A Catch

By Elida Wrona on January 31, 2023

Big Oil had an outstanding 2022 thanks to booming demand and short supply. The industry’s record-breaking profits fueled higher dividend payments and impressive share buyback plans.  Governments haven’t turned a blind eye, however, with the EU and UK levying windfall profit taxes against the industry.Can Colombia Really Replace Oil And Gas Revenue? Big Oil had…