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"BP" tag
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Shell, BP boost profit, sink investment in renewable energy

While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed. Oil and gas giant Shell last week announced a historic...

big-oil-profit-energy-marketexpress-in

Oil profits raise questions about tax, green investment

A string of record-breaking profit reports from the world’s largest oil companies has raised eyebrows, given that consumers around the world are grappling with a worsening energy crisis. The global energy crisis and high inflation...

oil-gaints-global

Shareholders put pressure on oil giants

  Major oil company investors are starting to use their voting rights to speak out against a lack of climate action. Shareholders in Shell and Equinor have already had their say, now BP is in...

EU investigates oil giants over possible price-fixing

Anti-trust authorities have conducted surprise inspections at offices of at least three major oil companies, suspecting a possible collusion on oil prices. Shell, BP and Statoil confirmed inspections at their sites. European inspectors raided the...

KG-D6 gas output dips to 39 mmBtu : RIL

New Delhi, December 15, 2011 : Reliance Industries’ eastern offshore KG-D6 gas fields have seen output dipping to below 40 million standard cubic metres per day. Dhirubhai-1 and 3 (D1 and D3), the first two...