SYDNEY, Tuesday 28 January 2025 — Interested media are advised of the annual results announcements by some of the world’s largest oil and gas companies for 2024, which was confirmed to be the hottest on record. This includes Australian-based gas giant Woodside. 

As LA continues to burn and extreme weather events impact regions across the world, Greenpeace spokespeople in Australia and globally are available to discuss the role of oil and gas majors in fuelling climate chaos. Spokespeople can also present Greenpeace’s demand that governments worldwide introduce equitably designed taxes and fines to reclaim money from the industry to pay for the spiralling costs of extreme weather events.

Annual profit announcements will be made in the coming weeks:

• Shell: 30 January
• ExxonMobil: 31 January
• Chevron: 31 January 
• TotalEnergies: 5 February
• Equinor: 5 February 
• BP: 6 February 
• Woodside: 25 February

Solaye Snider, Climate and Energy campaigner at Greenpeace Australia Pacific, said: “Off the back of the hottest year on record, Woodside will soon announce its annual profits from extracting and exporting fossil fuels. Right now, much of Australia is gripped by an extreme heatwave stretching from Perth to Brisbane, with sweltering temperatures, wild storms and flash flooding battering communities across the country.

“In the midst of a cost of living crisis, it’s not right that fossil fuel executives are taking home million dollar pay cheques while fuelling climate destruction across the globe. Everyday Australians should not be footing the bill for climate-fuelled disasters, while fossil fuel corporations like Woodside and Santos continue to profit. Big polluters should pay for the damage their reckless pursuit of profit is causing to communities and the environment across the world.”

Ian Duff, Co-Head of Greenpeace International’s Stop Drilling Start Paying campaign, said: “The annual profits of oil and gas companies are driving our losses. While their earnings go from extremely high to very high, their pollution remains at record levels. Ordinary people can no longer foot the bill for the greed of dirty energy companies or bear the costs for loss and damage which are fuelled by Big Oil’s emissions. Governments must stand with the people – not the oil and gas lobby – and finally enforce the Polluters Pay principle.” 

The Greenpeace Stop Drilling Start Paying global campaign is working with millions of people to stop oil and gas companies from expanding, resist their intimidation, and ensure they pay for climate damages already felt by people across the world. greenpeace.org.au/act/make-polluters-pay

-ENDS-

For more information or interviews contact Kate O’Callaghan on 0406 231 892 or kate.ocallaghan@greenpeace.org

Their Profits, Our Loss: International oil and gas companies’ 2024 profits