Tony Woodley, joint general secretary of the Unite union, described the oil giants’ profits as “eye-popping” and “immoral”.
Posts on ‘October 26th, 2008’
A suit similar to Bowoto’s, filed against Royal Dutch Shell by Nigerians including relatives of Ken Saro-Wiwa, a writer and activist hanged by the military regime in 1995, is scheduled to go to trial in New York in February.
The pair will reveal the gains – equivalent to about $77m a day for both companies – just days after Gordon Brown threatened to call in the Office of Fair Trading to investigate fuel pricing if companies did not pass on the recent drop in the oil price to consumers.
By FRANCO CAPALDO and DAN ATKINSON Last updated at 10:02 PM on 25th October 2008 BP and Royal Dutch Shell will this week report massive third-quarter profits totalling nearly £9 billion, angering motorists who are still paying high prices at the petrol pumps. BP, Europe’s second-biggest oil company after Shell, is on Tuesday expected to report profits of [...]