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BBCNEWS Breakfast June 4, 2024 06:35:00

Of british gas said it had reopened its giant gas storage facility as part of a range of measures to ensure supplies are secure. and the boss of national grid, which distributes energy, has told the bbc british households could lose power for up to three hours at a time this winter. he said he hopes it won t come to that but it is possible. he s been speaking to our business editor, simonjack. the could be circumstances in which people are asked to reduce their demand, it will be over the peak of the day, which is between sort of 4pm and 7pm. it s not going to be the whole country but that is one of the scenarios that we ve looked at. rolling switch offs across the country? across the country. the war in ukraine has pushed down supplies, and as demand for energy has increased since global lockdowns, that s led to prices going up and energy firms making record profits. last week, shell announced profits of £8.2 billion betweenjuly and september. that s more than double the same period ....

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BBCNEWS BBC News June 4, 2024 11:22:00

Really difficult for a lot of families right now.- really difficult for a lot of families right now. just very briefl , families right now. just very briefly. one families right now. just very briefly, one thing families right now. just very briefly, one thing that - families right now. just very| briefly, one thing that would families right now. just very - briefly, one thing that would help the government out of this crisis is if inflation came down? i the government out of this crisis is if inflation came down? the government out of this crisis is if inflation came down? i think that is art of if inflation came down? i think that is part of the if inflation came down? i think that is part of the story if inflation came down? i think that is part of the story but if inflation came down? i think that is part of the story but not - if inflation came down? i think that is part of the story but not the - is part of the story but not the only thing. interest rates falling would ....

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BBCNEWS BBC News June 4, 2024 10:33:00

The oil giant bp has reported a big rise in profits betweenjuly and september this year. they ve made 8.2 billion dollars that s 7.1 billion pounds for the period. that s more than double the profit over the same three months last year. the company will pay a windfall tax of almost £700 million this year. bp is not the only company to have announced big profits recently, as our business correspondent caroline davies explained. last week we heard about shall also making enormous profits for their quarter. that was their second highest ever of £9.5 billion. we have heard from multiple other oil giants, talking about the amount of profit they are making at the moment so it is enormous. 0ne of profit they are making at the moment so it is enormous. one of the other things we heard from bp today is, unlike shell, who said they were not expecting to be paying any of the windfall tax in the uk during the windfall tax in the uk during the course of this year, bp is saying that it is expe ....

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CNN CNN This Morning June 4, 2024 11:16:00

Gas prices. the they are going down. and people paying for gas, gas prices down about 50 cents. mj lee, thanks for joining us from the white house. you brought up numbers. look at those. bp, big oil company stronger than expected record. not record really big numbers for bp overnight in the quarter raking in $8.2 billion. other big oil companies strong even record-breaking profits look at exxon/mobil. chevron, and shell, $9.5 billion. spoke to the ceo of chevron a few weeks ago and asked exactly about this criticism from the biden administration because, remember, he wrote that open letter to biden and vocally went after the administration for things saying about big oil. what he said about exactly what the president proposed yesterday. here that was. let me read to you from senator ron wyden. big oil companies raking in record profits rewarding ceos ....

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BBCNEWS BBC News June 4, 2024 10:01:00

In a crush was inadequate. the indian prime minister, narendra modi, is to visit morbi in the western state of gujarat today where more than a hundred and forty people died after a bridge collapsed on sunday. 0il giant bp announces profits of $8.2 billion that s £7 billion betweenjuly and september almost triple the figure for the same period last year and brazilian leader jair bolsonaro is expected today for the first time since losing the presidential run off to his left wing rival. hello and welcome if you re watching in the uk or around the world. the chief inspector of prisons for england and wales says the uk ....

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