Exxon Mobil challenged by investors over climate goals ahead of AGM April 17, 2023 LGIM and CBIS have co-filed a shareholder resolution, calling on Exxon Mobil to provide more climate disclosures.
Exxon boss’ pay rose 52 per cent in 2022 – the highest among oil peers April 16, 2023 Exxon boss Darren Woods has enjoyed a hefty 52 per cent hike in his pay packet - rising to $35.9m last year.
Ukraine’s Naftogaz says Russia told to pay $5bn for seizing Crimea assets April 13, 2023 Naftogaz revealed Moscow had been ordered by an arbitration court in The Hague to pay $5bn compensation for unlawfully expropriating assets.
BP: Oil and gas giant takes 40 per cent stake in massive UK carbon capture and storage project April 11, 2023 BP has snapped up a hefty stake in a major upcoming carbon capture project from Harbour Energy, bringing more focus to decarbonisation.
Another LNG-fuelled winter will expose lack of seriousness about UK’s energy goals April 11, 2023 Winter is over, with the government managing to stave off blackouts over – but LNG problems persist, exposing the UK's energy challenge.
Harbour Energy blames windfall tax as it slashes hundreds of UK jobs April 6, 2023 Harbour Energy is expected to cut 350 jobs in the UK, as it downgrades domestic operations following the windfall tax.
Shell’s shares rise on FTSE 100 after predicting upturn in LNG output April 6, 2023 Shell's shares have risen on the London Stock Exchange this morning, after it unveiled a bullish update for its first quarter of trading ahead.
Enquest backs calls for windfall tax price floor after posting £33m losses April 5, 2023 Enquest has joined industry calls for a windfall tax price floor, putting further pressure on the government to reform the levy.
Gas prices: How long before they return to pre-energy crisis levels? April 5, 2023 Gas prices will not return to pre-crisis levels for another three years despite the recent drop-off, warns investment group Stifel.
How close is the Rosebank North Sea oil and gas field to approval? April 5, 2023 Oil and gas field Rosebank remains a couple steps short of reaching Grant Shapps' desk, City A.M. can confirm.