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BP and Shell scale back transition
Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...
Climate activist group Follow This and investors pivot, demanding BP and Shell disclose plans to create value as global oil ...
Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...
The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.
BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...
Oil major BP expects to book $4 billion to $5 billion in fourth-quarter impairments, mainly tied to its low-carbon energy ...
BP expects $4-5 billion in Q4 impairments primarily in its energy transition businesses, reports weak oil trading, and sees a ...
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