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".
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?
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 [...]