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
Shell is going great guns on LNG and bets China will drive Asian demand February 14, 2024 Shell reckons LNG will become a primary economic driver as Asia tries to quit coal
Big Oil commits to Big Returns for shareholders as profits keep flowing February 10, 2024 In an era when big oil needs to keep investors happy - how far can buybacks go?
FTSE 100 close: Strong BP results powers London markets higher February 6, 2024 London's FTSE indexes posted strong gains on Tuesday morning as a bumper buyback announcement from BP sent the capital's premier index higher.
BP eyes value over volume as new chief sets out his ambitions February 6, 2024 BP CEO Murray Auchincloss said the firm will be "super focused" on returns
‘Too early to tell’ the financial hit as BP rig downs tools after pipe goes AWOL February 6, 2024 A gigantic oil rig performing sub-sea drilling for UK supermajor BP has malfunctioned in bad weather, reports suggest. Upstream Online has said that the semi-submersible rig known as Ocean GreatWhite, “unintentionally” dropped its riser to the seabead and subsequently lost it amidst bad weather. A riser is a large-diameter pipe that helps transport mud taken [...]
BP promises bumper share buyback as new boss hails profit beat February 6, 2024 BP has increased its buyback programme to $3.5bn for the start of 2024