The energy company reporting round continues this week, with updates from two big UK North Sea players.
BP unveils third-quarter results tomorrow, followed later in the week by a trading statement from Harbour Energy.
The huge profits being announced by oil and gas producers this year has put the sector in the spotlight - and upped pressure on the UK Government to consider increasing the recently-introduced windfall tax.
Derren Nathan, head of equity research at Hargreaves Lansdown, said: "With oil prices down roughly a quarter since June highs, it'll be interesting to see how BP has fared following a bumper set of interims in August.
"BP's been spending heavily on both distributions to shareholders, but also refocusing the business on more-sustainable energy sources.
"Most latterly, there was this month's acquisition of US bioenergy company Archaea for $3.3billion (£2.84billion). Archaea exploits the biogas which is a by-product of landfill and farming.
Pedal to the metal
"When it comes to renewables, BP is really putting the pedal to the metal.
"The company's Lightsource venture is breaking ground on its largest UK solar energy project to date, which could be powering 19million homes by 2025.
"Given its wide network of refuelling stations, BP is also in a strong place to help deliver new energy sources to transportation. It recently teamed up with car-rental firm Hertz to deliver a network of charging stations for electric vehicles in North America.
"We'll see if BP pauses for breath on its share buy-back programme following its recent investment spree. In the second quarter, BP spent $2.5billion (£2.15billion) on repurchasing its own shares - a figure set to have accelerated to $3.5billion (£3.01billion) in the third quarter."
There will also be plenty of interest in Harbour Energy's trading statement on Thursday.
The company is the largest London-listed independent oil and gas company.
CO2 target
It said a couple of months ago that it was targeting the first CO2 destined for North Sea storage as early as five years from now.
The plans involve the Acorn carbon capture and storage (CCS) project at St Fergus.
Harbour, at the time of its half-year results in August, stated it was committed to proactively addressing its environmental impact and taking action to achieve its 2035 net-zero goal.
The firm is participating in two early-stage CCS projects in the UK - V Net Zero in England and Acorn.
Harbour said that, once developed, they could store multiple times its annual emissions.
The company’s latest results showed a big jump in hydrocarbons production year-on-year.
Daily output
In the first half of 2022, the daily output was 211,000 barrels of oil equivalent (boe) as against 151,000 boe in the same period in 2021.
Pre-tax profits hit £1.257billion as against £101million in the first half of last year as the company and its rivals benefited from the rocketing price of hydrocarbons.
FTSE 100
The UK's top share index, the FTSE 100, was down seven points at 7,040 shortly after opening this morning, following Friday's 26-point drop.
No FTSE 350 companies are reporting today.
Brent crude futures slipped 0.54% to $95.25 a barrel.