UN chief slams ‘greed’ and ‘outrageous profits’ of big oil and gas companies

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Euronews (English)

UN Secretary General Antonio Guterres sharply denounced the “greed” of big oil and gas companies that are making “outrageous” profits on the backs of some of the world’s poorest people. Guterres said the crisis was caused by Russia’s invasion of Ukraine, and called on national governments to tax the companies’ huge profits. “The truth is that we are seeing these excessive, outrageous profits from the oil and gas industries at a time when we are all losing money,” Antonio Guterres told a press conference to mark the release of the third UN report on the global consequences of Russia’s invasion …

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