Page 4 - Chris Wheaton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Well, let's now look at one of the biggest players in the multi—billion—dollar oil industry. bp, injust over an hour's time, will announce its second—quarter earnings, with bumper figures expected that will fuel the debate over taxing the profits of big oil. the oil and gas giant reported strong profits of £a billion in the first three months of this year as energy prices remained high. although slightly down on the previous year's profits, that is a big number and was hard for many in the uk to stomach as households and businesses struggled to pay their energy bills. so what can we exp...

Imposed, where that capital comes from. if you look at average tax rates, you are talking about bp tax rates in excess of a0%. if you look at return on capital employed, which i think links profits with the actual size of the business and the capital you need to generate, bp is making a low double—digit return on capital employed. that's not actually very high compared to where it has been in its history. politicians need to understand that you can tack this industry but it is a capital intensive one and it needs to generate enough capital to be able to fund it. with the energy transition as...

Outlook and the outlook for the rest of this year is flat, it is not very exciting, but investors still expect there to be a bounceback in earnings next year as we into an economic recovery. and that is the focue _ economic recovery. and that is the focus. thank _ economic recovery. and that is the focus. thank you. - economic recovery. and that is the focus. thank you. it - economic recovery. and that is the focus. thank you. it is - the focus. thank you. it is good to talk to you. let's talk about the industry making all the money right now, that is energy. in the next hour we will find out ...

/PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR), announced that Chris Wheaton will be stepping down as Chief Financial Officer and Chief Operating Officer,...

Israel’s NewMed Energy has said its proposed merger with Edinburgh-based Capricorn is now “significantly” less likely to go ahead following a…