A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Mon, 29 Jun, 2020
Mon, 22 Jun, 2020
Mon, 15 Jun, 2020
Thu, 30 Apr, 2020
Any complacency or any lingering ambiguity around coronavirus was swept away yesterday by those most disinterested but informed arbiters — the world’s stock markets.
Mon, 09 Mar, 2020
A wave of green change is sweeping across the corporate landscape and they have profound consequences for the way in which all of us will be employed and how we will consume,
Tue, 25 Feb, 2020
Climate change, technology, disruption of globalisation, and demographic shifts are heralding rapid change. Decision-makers must prepare, says Mohammed A El-Erian
Fri, 21 Feb, 2020
In the new age of sustainability, there are plenty of companies pledging to offset emissions in the race for net-zero
Wed, 19 Feb, 2020
BP’s head of downstream — or oil refining and processing — operations Tufan Erginbilgic will step down next month after six years in the job, the company said, becoming the latest top executive to leave as Bernard Looney takes over as CEO.
Fri, 07 Feb, 2020
Shares in BP gushed by more than 4% after the oil giant surprised investors with a slight increase in its dividend, bucking the trend in what has otherwise been a bleak earnings season for big oil.
Tue, 04 Feb, 2020
Wide variations in the way oil companies report their efforts to reduce carbon emissions make it difficult to assess the risk of holding their shares as the world shifts away from fossil fuels, according to senior fund managers.
Thu, 10 Oct, 2019
Leadership is one of those intangible, mercurial characteristics far harder to define than recognise. Whether for benign or dark purposes, leadership shapes our world even though that simple truth is wrapped in mystery. The magic of leadership seems a mixture of charm, energy, empathy, vision, radiated if silent testosterone and the capacity to convince others you understand and share their objectives. It is usually, but not always, necessary to have right on your side. However, in a world where charisma and leadership are often confused right and wrong are almost side issues; subjectivity usurps substance, self-interest seems a virtuous motivation.
Sat, 05 Oct, 2019
British Petroleum has announced that Irishman Bernard Looney is to take over as chief executive following Bob Dudley's decision to step down from the role after a 40-year career.
Fri, 04 Oct, 2019
Two Irish exploration companies are at the centre of significant oil finds in South America and Africa.
Mon, 12 Aug, 2019
Royal Dutch Shell’s second-quarter profit slumped to a 30-month low on weaker fuel prices and refining margins, denting a steady recovery in recent years and sending the Anglo-Dutch energy company’s shares down over 5%.
Fri, 02 Aug, 2019
Irish exploration company United Oil and Gas has added to its burgeoning presence in Africa with a $16m (€14.3m) acquisition in Egypt.
Tue, 23 Jul, 2019
The tension between the UK and Iran over the seizures of oil tankers in recent weeks pushed the price of oil higher, and helped boost the shares of major oil companies.
Mon, 22 Jul, 2019
It is hard to imagine a less sentimental forum than the London Stock Exchange.
Fri, 05 Jul, 2019
Oil companies are under increasing pressure to bring fuel to market faster and cheaper, leading BP to conclude some of its resources “won’t see the light of day”, according to its head of strategy.
Thu, 04 Jul, 2019
Germany’s KfW Group is pulling out of loans for new coal projects, joining other European development banks that have already followed orders of their governments to minimise exposure to the world’s most widely used power-station fuel.
Wed, 03 Jul, 2019
Greenwashed rhetoric is such a staple of the oil industry that it’s easy to assume every energy executive talking about climate and the transition to a zero-carbon economy is just mouthing words.
Thu, 06 Jun, 2019
Greenpeace activists blocked the entrance to BP’s London HQ yesterday, demanding one of the world’s biggest energy companies ends all new oil and gas exploration or goes out of business.
Tue, 21 May, 2019
Royal Dutch Shell reported a small drop in first quarter profit to $5.4bn (€4.8bn), but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings.
Fri, 03 May, 2019
Equinor is the latest large oil company to bow to a major investor group that is pushing corporations to take more robust action on climate change.
Thu, 25 Apr, 2019
The recent splendid spell of weather prompted some readers to inquire if we had yet heard the cuckoo.
Mon, 08 Apr, 2019
BP has joined its big-oil peers by giving investors a positive surprise, exceeding profit estimates and earning better returns than its closest European rival.
Wed, 06 Feb, 2019
British exploration company Serica Energy has said it should be in a position to turn its attention to its dormant Irish acreage in the new year.
Wed, 07 Nov, 2018
The Government has affirmed its support for offshore oil and gas exploration.
Wed, 31 Oct, 2018
European shares rose slightly yesterday, reversing initial losses, as anxiety over political stability in Italy appeared to ease just hours before a cabinet meeting to set budget targets.
Fri, 28 Sep, 2018
After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP chief executive Bob Dudley is hardly relaxed.
Tue, 22 May, 2018
The vast majority of oil exploration options awarded by the Government, in its last licensing round two years ago, are set to be taken up and progressed despite the threat of a ban being imposed on offshore drilling in Ireland, writes
Thu, 15 Feb, 2018
British exploration company Serica Energy is actively looking for development partners to move forward its Irish assets to the drilling stages.
Tue, 30 Jan, 2018
Oil giant BP has said it will book another $1.7bn charge from the Deepwater Horizon oil spill in 2010 as part of the settlement for the disaster.
Tue, 16 Jan, 2018
Peter Sutherland, who has died aged 71, was an exceptional Irishman. He held senior positions in law, business, and government.
Mon, 08 Jan, 2018
BP is to begin a share buyback programme, making it the first major European energy company to resume buybacks since the 2014 price slump in a sign years of austerity have paid off.
Thu, 16 Nov, 2017
BP is working on an assumption oil prices will average $50 to $55 a barrel next year as global inventories gradually return to normal levels.
Wed, 01 Nov, 2017
The chairman of BP has announced plans to step down from the oil major, sparking a hunt for his successor.
Thu, 19 Oct, 2017
Lone Star Funds is considering an initial public offering of UK gas-station operator MRH GB that could value the business at about £1.5bn (€1.67bn) amid a revival of stock sales in Europe, according to sources.
Tue, 10 Oct, 2017
The age of persistently weak oil prices is nearing its end, with demand booming and a supply squeeze in the offing, according to trading giant Trafigura.
Wed, 27 Sep, 2017
Shares in Rolls-Royce and BP rose as the jet engines maker said earnings were on the up and the oil giant reassured over its debt pile.
Wed, 02 Aug, 2017
Sterling was wallowing at eight month lows against the euro, as investors continued to trade on news that the European Central Bank may start weighing plans to cut its stimulus programme.
Fri, 21 Jul, 2017
The UK’s top share index fell yesterday, depressed by a slide in oil stocks among others. The Ftse 100 index fell 0.6%. A brief recovery was brought to an end in afternoon trading when Bank of England governor Mark Carney said the bank would debate an interest rate increase in the coming months.
Thu, 29 Jun, 2017
Donald Trump will announce his decision on whether to pull the United States out of the Paris climate accord during a White House Rose Garden event today.
Thu, 01 Jun, 2017