We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Civil action seeks damages to help mitigate costs of global warming caused by fossil fuels
News of strikes at liquefied natural gas facilities stoke fears of global supply disruption
10% of world’s liquefied natural gas supply threatened by disruption
Focus likely to return to decarbonisation as supply threat brought by Russia’s invasion of Ukraine recedes
Mike Wirth will remain as chief as supermajor seeks continuity amid volatile energy markets
Annual meeting votes highlight differences between investors at US and European oil companies
World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors
Last year, they rewarded shareholders and paid down debt, now they can afford to go shopping
US oil majors facing weaker energy markets as global economy slows
Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector
Energy executives see lasting change in global energy market after Moscow’s invasion of Ukraine
US supermajor falls short of fourth-quarter expectations but reports record annual earnings of $35.5bn
Also in today’s newsletter, Tesla faces weakening grip on the EV market despite record revenues
Five western supermajors forecast to earn $150bn in 2023, down by a quarter from record year
Record haul during Ukraine war marks reversal of fortunes after pandemic demand crash
Shareholder resolutions filed calling on companies to cut emissions more aggressively
Shares of BP and Shell trade at sharp discounts to American peers after energy commodity rally
ExxonMobil and Chevron invest less than before pandemic in face of peak demand and Wall Street pressure
Higher oil production and natural gas prices lead to windfalls
Chief executive dismisses calls for US windfall tax, saying dividends flow to ‘the American people’
Plus, the US-Opec drama drags on and the IMF warns against postponing climate action
Mike Wirth points to ‘unintended consequences’ of pivot away from fossil fuels
While this could well be a high point for Big Oil, it does not mean the good times are going to dry up anytime soon
Blockbuster earnings threaten political backlash as inflation rips through economies
Cash bonanza raises prospect of large-scale deals to turbocharge transition strategies
UK Edition
