Soaring profits put oil and gas 'supermajors' in the spotlight

What event led to a surge in oil and gas prices, resulting in significant profits for major fossil fuel companies?

• The COVID-19 pandemic

• The Brexit referendum

• The invasion of Ukraine by Vladimir Putin

• The global financial crisis

Which of the following companies is NOT one of the five biggest energy companies mentioned in the transcript?

• Exxon Mobil

• Tesla

• Chevron

• BP

What is one major way these companies are using their profits, as mentioned in the transcript?

• Donating to charity

• Payouts to shareholders

• Investing in new technology startups

• Building new headquarters

What has been a significant concern of climate activists regarding the actions of fossil fuel companies?

• Their continued investment in oil and gas production

• Their support for electric vehicles

• Their reduction in carbon emissions

• Their investment in renewable energy

What measure has the UK and EU implemented in response to the profits of fossil fuel companies?

• Subsidies for renewable energy

• A reduction in corporate tax rates

• A special windfall tax

• A ban on fossil fuel exports