Oil giant comes under fire from climate campaigners, as its earnings reach $8.46bn while ‘innocent civilians suffer’

BP’s quarterly profits have been labelled “obscene” after they hit an 18-year high of $8.46bn (£6.3bn), as the war in the Middle East drove up oil and gas prices.

The energy company hailed a “banner quarter” on Friday, with its underlying ​replacement ⁠cost profit – a key measure of its income – almost quadrupling in the three months to the end of September, from $2.2bn in the same period ​a year ​ago. The jump meant BP’s quarterly profits hit their highest level since the $8.9bn recorded in 2008.

Oil giant hails ‘banner quarter’ as earnings reach $8.46bn, prompting anger from climate campaigners

BP’s profits have hit their highest level in almost two decades as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading.

The energy company hailed a “banner quarter” on Friday, with its underlying ​replacement ⁠cost profit – a key measure of its income – almost quadrupling to $8.46bn (£6.3bn), from $2.2bn ​a year ​ago.

There is no end in sight for the drivers of illegal mining, while police action appears ineffective

Cora Bailey has been encountering illegal miners ever since she first started treating injured animals in the townships around Roodepoort, west of Johannesburg, in 1991. But as the price of gold has soared, so too has activity in the abandoned mine shafts that mark the area.

In late September, dozens of zama zamas – the name given to illegal miners in South Africa, meaning roughly “to take a chance” in Zulu – arrived to dig for gold across the dirt road from her charity, Claw (Community Led Animal Welfare).

There is no end in sight for the drivers of illegal mining, while police action appears ineffective

Cora Bailey has been encountering illegal miners ever since she first started treating injured animals in the townships around Roodepoort, west of Johannesburg, in 1991. But as the price of gold has soared, so too has activity in the abandoned mine shafts that mark the area.

In late September, dozens of zama zamas – the name given to illegal miners in South Africa, meaning roughly “to take a chance” in Zulu – arrived to dig for gold across the dirt road from her charity, Claw (Community Led Animal Welfare).

Tankers, tracked by Greenpeace, are first phase of Trump-Putin deal – but there is uncertainty over whether they will unload

Seven oil tankers carrying an estimated 288,000 tonnes of Russian diesel are now sailing towards the US, though it is uncertain if the vessels will be able to unload amid a political row about the legality of the shipments.

The transport, tracked by the pressure group Greenpeace, is the first phase of a contentious supply deal negotiated between presidents Donald Trump and Vladimir Putin earlier this month, reversing years of sanctions on Russia oil.

Tankers, tracked by Greenpeace, are first phase of Trump-Putin deal – but there is uncertainty over whether they will unload

Seven oil tankers carrying an estimated 288,000 tonnes of Russian diesel are now sailing towards the US, though it is uncertain if the vessels will be able to unload amid a political row about the legality of the shipments.

The transport, tracked by the pressure group Greenpeace, is the first phase of a contentious supply deal negotiated between presidents Donald Trump and Vladimir Putin earlier this month, reversing years of sanctions on Russia oil.

Energy firm to return $5bn to shareholders as climate campaigners criticise high profits

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Shell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.

Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the July-September quarter, up from $5.432bn in the third quarter of 2025. The results beat analyst expectations for a rise to $10.33bn.

Energy firm to return $5bn to shareholders as climate campaigners criticise high profits

• Business live – latest updates

Shell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.

Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the July-September quarter, up from $5.432bn in the third quarter of 2025. The results beat analyst expectations for a rise to $10.33bn.