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UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean
Safety regulator says operating and training failures contributed to accident that killed two workers
Two business school professors prepared this exercise for students to focus on the strategic dilemmas for fossil fuel groups
USS and Border to Coast’s plan follows companies backtracking on emissions targets
Latest energy boss to enjoy rewards boost as oil and gas industry records bumper profits
Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector
Boss of US operations says renewables strategy unchanged despite company planning aggressive production increases
Plus, booming European LNG demand was not a one-off, report shows
Top low-carbon executive insists ‘no link’ between last week’s move and renewable energy’s lower returns
Few expected the supermajors to help drive decarbonisation. But this week, the market showed it will not force them to
The secular trend for scale in fund management is unstoppable
Energy companies risk squandering a key moment to drive green transition
Retreat on commitments is also a pivot born out of higher oil price forecasts
Also in today’s newsletter, we look at oil forecasts after Joe Biden said the US will need oil for ‘at least another decade’
A decade-long boom means developers are in far better shape than they were ahead of the financial crisis
Plus, what change at the Bank of Japan could mean for the climate
Energy group is compromising in effort to catch up with US peers
Chief Bernard Looney says recent years show world needs ‘secure’ energy alongside renewables
Nicola Grady-Smith will spearhead transformation programme to lift profit margins and compete with larger rivals
Such moves are hardly a sign of faith in companies
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
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