BP faced protests from angry fishermen and disgruntled shareholders at its first annual general meeting since the devastating oil spill in the Gulf of Mexico.

Oil giant BP is expected to face further shareholder ire at its annual general meeting over “wholly unacceptable” boardroom pay packets awarded in the wake of the Gulf of Mexico oil disaster.

Oil giant Shell today confirmed its twin board structure could be scrapped as it battles to restore confidence in the wake of its reserves crisis.

Oil giant Shell came under fresh attack today after two US-based investors hit out at a lack of transparency in the review of the company’s structure.

Wall Street stumbled through a mostly lifeless session today as bargain hunters gave technology stocks a moderate lift but struggling defence contractors kept blue chips under pressure.