Woodside faces tough balancing act after investor revolt over climate
Australian oil and gas operator’s climate plan was overwhelmingly rejected by shareholders at its annual meeting
Tue May 7, 2024 14:24
Saudi Aramco to increase dividends despite drop in profits
Group plans to boost key source of revenue to kingdom in spite of earnings miss
Tue May 7, 2024 12:26
BP promises to cut costs as profit misses forecast
Oil major says it will trim $2bn of cash costs and announces another $1.75bn of share buybacks
Tue May 7, 2024 09:57
BP shareholders expect oil group to scale back climate target
Investors believe chief executive is prepared to be flexible as demand for oil and gas continues to grow
Mon May 6, 2024 07:15
Shell sold millions of ‘phantom’ carbon credits
Subsidy scheme in Alberta allowed oil major to register carbon credits equivalent to twice the volume of CO₂ captured
Sun May 5, 2024 07:08
Windfall tax weighs heavy on North Sea producers
Smaller independent operators say they have taken the brunt of the pain from the 75% tax rate on profits
Sun May 5, 2024 07:08
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