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
With Auchincloss in place, can BP go green and print green? February 5, 2024 The US giants Exxon and Chevron have reported their second-highest profits since David Cameron and Barack Obama were leading the free world. Across the pond, Shell also posted some rather handsome results last week.Next in line to report is BP, the little brother of the group in a market cap sense, which will update the [...]
Tyson Fury-Oleksandr Usyk clash postponed after Briton suffers ‘freak cut’ February 3, 2024 Fury was due to defend his WBC belt on February 17 in Saudi Arabia in the first undisputed world heavyweight title fight of this century.
Shell takes second place behind Exxon in oil supermajor earnings February 2, 2024 US oil heavyweights Chevron and Exxon have beaten a subdued global oil price to post their second-biggest profits in ten years.
Oil giant BP names first female CFO ahead of 2023 results February 2, 2024 Since September last year, Kate Thomson served as interim chief financial officer when the previous incumbent-now chief executive Murray Auchincloss stepped up to the interim leader position.
Ofgem to investigate claims of wind farms overcharging billpayers millions February 2, 2024 Energy regulator Ofgem is investigating the claims that wind farms may have incorrectly added close to £51m to taxpayer bills since 2018.
Dutch battery firm Lionvolt saves London-listed AMTE Power from collapse February 2, 2024 AMTE Power’s business and assets have been sold out of administration to Dutch battery technology firm LionVolt. The sale ends a process for the beleaguered battery cell manufacturer, the only of its kind founded in Britain, that have run since June last year when the notified investors that it was struggling to raise additional finance [...]
Shell chief says ditching oil production wind-down was not to ‘create a lack of transparency’ February 1, 2024 Last year’s walk-back of Shell’s staggered oil production cuts was not done to “create a lack of transparency” but to “focus on the key targets that matter,” Shell’s chief executive has said. In an analyst call following the company’s release of its fourth quarter and full-year results for 2023, Wael Sawan said the decision to [...]
Glencore: Mining giant expects profits to hold despite key metals output slump February 1, 2024 Glencore expects production of nickel, cobalt and copper to come in lower this year on top of already depreciated levels
Sexual misconduct probe was launched against sacked Endeavour Mining boss February 1, 2024 Sebastien de Montessus is said to have faced sexual misconduct allegations while leading Endeavour Mining
