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Group’s latest annual outlook says energy security concerns will spur more investment in renewables
Five western supermajors forecast to earn $150bn in 2023, down by a quarter from record year
Shareholder resolutions filed calling on companies to cut emissions more aggressively
Regulator investigates oil groups over alleged anti-competitive practices
Shares of BP and Shell trade at sharp discounts to American peers after energy commodity rally
British company’s US boss Dave Lawler says Inflation Reduction Act has put oil major’s green plans on ‘steroids’
Energy group poaches senior staff from rivals Orsted, Iberdrola and RWE
Saudi Aramco makes $42.4bn quarterly profits as BP steps up share buybacks
We need a simplified system that ensures a fair government take and encourages green investment
Big dividends stoke resentment higher one-off renewables investment might have damped — but investors strongly prefer the former
Third-quarter earnings exceed estimates as calls grow for more aggressive taxation
Plus, Exxon’s market cap is a sign of the times
Proposed purchase of US-listed biogas producer would boost BP’s biogas supply volumes by 50%
Authorities launch second investigation into Ohio refinery explosion
Facility remains closed and analysts warn prolonged shutdown could push petrol prices higher
Vast numbers of charge points spread around cities and country are ‘uneconomic’
Analysis of more than 3,000 public messages shows a ‘systematic misalignment’ on climate-related activities
Motoring groups turn heat up on fuel retailers amid cost of living crisis
High household bills mean UK oil supermajors have a timing problem that investment pledges will not resolve
Oil major says UK government must decide how to use revenues from its new energy windfall tax
BP veteran takes on one of the trickiest jobs in British industry during challenging times, but with recovery on the horizon
Cash bonanza raises prospect of large-scale deals to turbocharge transition strategies
Solar, wind and green hydrogen scheme aims to generate equivalent to third of nation’s capacity
Energy major strikes $1bn deal with Cenovus as it seeks to balance fossil fuel investments with emissions cuts
Shares of energy majors have soared this year in the wake of war and surging commodity prices. But as the climate crisis rages, will the sector reward investors over the longer term?
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