Oil

BP

Investors need clarity on BP policy not boss’s weak promises

There goes another of BP’s shiny targets-cum-ambitions. This one is not related to the pace of energy transition but is purely financial. Soon after getting the top job permanently...
Commodities

G7 vows to clamp down on Russia’s oil sanctions evasion

Finance ministers of the G7 nations vowed on Saturday to step up efforts to prevent Russia from evading...
Business

While the IMF is upbeat about global growth it knows where dangers lurk

All things considered, the International Monetary Fund should be feeling relatively upbeat as it hosts its annual meeting...
BP

‘Very concerning’: BP dilutes net zero targets as global retreat from green standards gathers pace

In early 2020, Bernard Looney had one clear goal as the incoming chief executive of BP: to convince...
Business

Financial markets could still avoid panic amid oil price risk in Middle East crisis

As Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a...

Sanctioned Russian oligarchs allowed to invest in UK North Sea oil producer

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The government faces growing criticism after a company backed by two sanctioned Russian oligarchs was allowed to become a part-owner of the UK’s largest...

North Sea oil firm Neo slows investment amid windfall tax concerns

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An oil and gas company has slowed down work on a large North Sea oilfield, citing uncertainty over the Labour government’s approach to fossil...

Shell to cut hundreds of jobs in oil and gas exploration operations

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Shell is to cut hundreds of jobs from its oil and gas exploration operation in the latest move by the chief executive, Wael Sawan,...
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