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Governments need to engage more with companies to cut CO2, says new head of gas and low carbon business
Businesses should account as transparently for carbon reduction as they do for profits
Companies analysis from our sister publication
Energy group takes advantage of oil price rally to return cash as it plots a greener future
BP and Microsoft among groups that bought into projects designed to help achieve net-zero emissions targets
Energy major buys out PE partner in Thorntons chain in bet on growth in EV charging and convenience sales
Plus, Biden balances petro-diplomacy and decarbonisation, and gas prices continue to rise
Plus, industry’s clout fades, profile of Prince Abdulaziz bin Salman and the gulf between climate aims and policies
Why the solar sector’s under appreciated dependence on cheap labour could be bad news for the global energy transition.
Tightly controlled, gas may be deemed transitional but oil majors risk being caught flat-footed
Shareholder support for demands of campaign group Follow This more than doubles
Activists attack influential investor group for voting against calls for deeper emissions cuts at oil company
Do not chase markets dancing a 1920s-style Charleston
Chief executive says oil major hit its debt target a year early
UBS loses $774m on Archegos trades, HSBC profit rises 79% on economic recovery from Covid
UK oil major applies to supply electricity generated from gas and renewables
The oil major’s early win on debt is worth celebrating but the balance sheet is still out of sync with the sector
Oil company indicates it will restart share buybacks following ‘very strong’ first quarter
Rising sales of groceries help filling stations offset dwindling volumes at the pumps
Patrick Pouyanné says oil supermajors are competing over a still scarce supply of renewable assets
Analysts urge government to boost support after ExxonMobil shutters facility
Rise of clean energy and doubts about long-term demand force existential reckoning
Exxon racks up first annual loss of $20bn while BP loses $5.7bn as energy demand plunged last year
It is right to ask why Bernard Looney’s strategy has not yet received approval from the market