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BP reveals massive profits as global fuel prices soar

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British oil and gas company BP has recorded massive profits as consumers pay more to fill up

Despite some of us wanting to switch to electric cars there’s still plenty of evidence that the world is heavily reliant on oil gas, with one major energy giant recording massive profits.

BP’s profits for the first three months of this year have more than doubled – just as consumers are forced to pay more at the bowser.

It comes after global oil and gas prices soared following Russia’s invasion of Ukraine.

The energy giant reported an underlying profit of $6.2 billion.

BP says the increase partly due to “exceptional oil and gas trading”.

Rising profits have prompted calls for a one-off windfall tax on energy companies to help UK households grappling with rising bills.

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Brunei streamlines business travel with investor-friendly services

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Brunei offers ease of entry and tailored support for global investors

Tim Harcourt dives into all things business travel to Brunei, discussing with Daniel Leong, Acting CEO, Brunei Economic Development Board the visa requirements and advisory services provided for investors. Tim also addresses travel logistics and accommodations, emphasising the ease of entry for many countries.

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The boutique airline to the world: Royal Brunei’s ambitious growth

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Royal Brunei connects the world through a growing flight network and soars with Dreamliner expansion

In this interview, Captain Sabirin Hamid, CEO of Royal Brunei Airlines discusses connecting the world through a growing flight network and impressive expansions.

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Feeding the nation: Brunei pioneers fertiliser innovation from oil and gas

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Brunei Fertilizer Industries drives growth with cutting-edge technology

In this interview, Nur Raihan Rosli, Acting Deputy CEO of Brunei Fertilizer Industries discusses the company’s innovation in creating fertiliser from oil and gas downstream products. The company commenced operations in 2022 and are currently the largest single train fertilizer plant in the region.

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