today, the business headlines will be dominated again by the huge profits made by one of the world s top oil companies. this time it s the turn of bp its latest results are out in an hour and a half and it is expected to reveal it s made substantial sums in the last quarter. last week, shell announced it made record annual profits of nearly $40 billion in 2022, double the previous year s total and the highest in its 115 year history. energy firms have seen record earnings since oil and gas prices jumped following the invasion of ukraine. dr carole nakhle is chief executive of crystal energy, a consultancy that provides advice, research and training to the energy sector. thank you for being on the programme. if we look at the numbers to begin with will bp be record numbersjust like be record numbers just like shell? be record numbersjust like shell? i be record numbers “ust like shell? ., ~ , shell? i don t think bp will be an outlier shell? i don t think bp will be a
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