The campaign to divest from BP and Shell isn’t working. Here’s why April 15, 2024 The campaign for institutional investors to divest from oil giants like BP and Shell hasn't made any progress due to the companies' strength on indexes, a new study has found.
What could Shell and BP be worth across the pond? April 13, 2024 Ultimately, Shell and BP's future in London rides on how patient investors are willing to be.
Mark Kleinman: 777 bid for Premier League side Everton should dial 999 for help April 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles the Everton's takeover bid, CVC's float hopes and ex-BP boss Bernard Looney's next destination.
BP: British oil and gas giant to start year strong with boosted activity April 9, 2024 The firm today said that oil, gas and lo-carbon production across its operations is expected to be higher for Q1 2024 compared to the end of last year.
Exxonmobil bets £791m on UK oil sector as other operators pull back April 8, 2024 Exxon's bet on diesel appears contrary to a wider trend amongst its petrogiant peers.
Commodity traders still made bank last year despite calmer markets April 5, 2024 Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
Former BP chief: £2.7 trillion a year needed to pivot ‘climate crisis into correction’ April 4, 2024 Lord Browne of Madingley said the energy transition will pivot the world from a period of "climate crisis into climate correction".
Rayner: Fear over Labour workers’ rights plans like ‘squealing’ over minimum wage April 1, 2024 Angela Rayner has said fears over her workers’ rights plans is similar to the “squealing” over the minimum wage law brought in by the party in 1999.
Activist Bluebell: BP net zero plan still too green – and other shareholders agree March 17, 2024 BP first faced calls to change its net zero strategy from Bluebell Capital Partners in January
BP claws more money back from former boss Looney and pays new chief £8m after 2023 profit beat March 8, 2024 BP CEO Murray Auchincloss said the firm will be "super focused" on returns