Iran-Backed Forces Widen Their Attacks on Commercial Shipping

[ad_1] Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a…

BP Docks Former CEO Bernard Looney as Much as $40 Million Over ‘Serious Misconduct’

[ad_1] Updated Dec. 13, 2023 1:07 pm ET LONDON—BP said former Chief Executive Bernard Looney will lose out on as much as $40.6 million in compensation as the result of…

These Oil Giants Don’t Seem Tempted by Merger Mania

[ad_1] Shell and BP say they aren’t feeling pressure to bulk up after Exxon Mobil and Chevron’s multibillion-dollar deals. [ad_2] Source link

BP Profit Rose on Higher Refining Margins, Strong Oil Trading

[ad_1] BP said its third-quarter profit rose on quarter amid higher realized refining margins, a strong oil trading result and higher oil and gas production, and that it intends to…

With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green

[ad_1] The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. [ad_2] Source link

BP CEO Bernard Looney Resigns Over Past Relationships With Colleagues

[ad_1] BP Chief Executive Bernard Looney resigned abruptly over past relationships with colleagues, the oil giant said. [ad_2] Source link

Wind Industry Hits Rough Seas as Problems Mount

[ad_1] More than $30 billion in spending is delayed as crisis hits the renewable-energy sector that governments view as key. [ad_2] Source link

BP Profit Declines More Steeply Than Peers’ as Lower Oil and Gas Prices Bite

[ad_1] Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. [ad_2] Source link

WSJ News Exclusive | Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street

[ad_1] Updated June 11, 2023 11:47 am ET LONDON—New Shell Chief Executive Wael Sawan is heading to New York to persuade Wall Street that Europe’s biggest energy company deserves more…