Skip to main content
Donate to the 95 years appeal
Government faces calls to properly tax fossil fuel giants after BP rakes in £1.7bn profit
People taking part in a Cop28 London march protest outside BP headquarters at St James's Square in London, December 9, 2023

OIL giant BP revealed obscene profits today while skyrocketing bills are forcing households to risk their own health by cutting energy use.

The British transnational announced underlying profits of £1.7 billion from July to September.

Izzie McIntosh, climate campaigner at Global Justice Now, said: “The fossil fuel industry’s profiteering is only made possible through the destruction of the climate, felt most starkly by countries in the global South. 

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Protesters outside the Defence and Security Equipment International (DSEI) UK, the flagship defence event for the UK, at ExCel London in Royal Victoria Dock, east London, September 9, 2025
Britain / 9 September 2025
9 September 2025

Activists vow to shut down one of the world’s largest arms fairs in London

Goods at a food bank
Britain / 10 September 2025
10 September 2025
A person holding an energy bill
Energy / 10 September 2025
10 September 2025
Similar stories
People taking part in a Cop28 London march protest outside B
Editorial: / 26 February 2025
26 February 2025
Prime Minister Sir Keir Starmer (centre), Energy Security an
Britain / 10 October 2024
10 October 2024
Bleak report finds planet is on brink of irreversible climate disaster