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
Group will be the UK’s second largest supplier less than decade after it was founded
Shell and Total search for fields off coast of southern African nation that could make it world’s newest petrostate
Focus likely to return to decarbonisation as supply threat brought by Russia’s invasion of Ukraine recedes
Shares hold steady despite sharp drop in energy groups’ earnings
Independent study led by former UN climate champion comes amid growing scrutiny of patronage of higher education
Sawan insists strategy to cut emissions still in place even after the oil major pledged to invest in new oil and gas production
Also in today’s newsletter, Saudi Arabia’s struggles with oil prices, and the global surge in battery storage installations
Chief executive Wael Sawan says company remains ‘committed’ to its fossil fuel divisions
Also in today’s newsletter, will New York’s smog crisis spark action?
Advertising Standards Authority finds oil and gas groups had misled public on climate benefits of their products
World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors
Chief executive Wael Sawan faces critical questions as protesters disrupt annual meeting
Tehran-based company receives most of the revenues from the power plant used by UK group’s joint venture in Iraq
Trading profits are bolstering returns but doing little to narrow the valuation gap with US peers
Energy major reports $9.6bn in adjusted earnings, with trading and LNG production helping offset lower oil and gas prices
European oil majors’ combined trading profits surpass those of the four biggest private energy traders
USS and Border to Coast’s plan follows companies backtracking on emissions targets
Rise of 53% came as oil group’s profits hit record $40bn in tumultuous year for energy markets
Investors divided on new chief executive’s push to narrow distance from Exxon and Chevron while pursuing transition
London needs to attract new listings but is held back by a shortage of homegrown capital
Executives discussed potential shift in 2021 in effort to close group’s valuation gap with US rivals
Netherlands says it will end extraction at Groningen this year despite pressure from EU states
Plus, booming European LNG demand was not a one-off, report shows
Return, don’t refine
Lossmaking sector bears brunt of anger over wider industry’s profits at a time of consumer hardship
International Edition
