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...The oil company has argued the petition is in breach of rules prohibiting repeat motions that fail to win a minimum number of votes and preventing investors from “micromanaging” businesses....
...Exim’s charter contains a clause that prohibits it from “discrimination” against any particular sector or industry....
...Company....
...But it did not cover the bulk of greenhouse gases that result from end consumers’ burning of their oil and gas products, and none of the companies agreed to cut production....
...But Equinor is still first and foremost an oil and gas company....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Bringing this oil to market will cost billions of dollars. It may well sell down its stake to an international oil company....
...Younger tech billionaires are more often seen wearing casual clothes than the fine tailoring of old, and they are less likely to charter a private jet for a last-minute mini break....
...MEPs also approved key planks of the EU’s climate legislation, including new rules on packaging waste that will outlaw single-use plastics and on due diligence rules for companies....
...In 2022, the company turned a net profit of around $6bn for the first time in a decade thanks to higher oil prices and a reduced tax burden....
...Van Beurden spent 39 years at the oil major. Daniel Berenbaum joins US fuel cell company Bloom Energy as chief financial officer, succeeding Greg Cameron....
...oil sector....
...Charter prices for the largest tankers used for oil products — such as diesel, petrol and jet fuel — have more than doubled in the past week to $101,500, according to figures from Gibson, a London shipbroker...
...The outlook for a deal warrants scepticism for a few straightforward reasons, argues CreditSights: 1) Regulators may not be eager for a tie-up of two companies with overlapping presences: Optimum Cable,...
...The short-term swings on Friday showed the markets were in an “agitated” state, said Viktor Katona, head of oil analysis at Kpler, an energy data and research company....
...High commodity prices in the wake of Russia’s full-scale invasion of Ukraine pushed oil and gas companies globally to record profits in 2022 before receding last year....
...While we’ve been watching Nvidia and other sparkly tech stocks, oil has been sneaking up to touch $90 a barrel. Today on the show, we talk about oil supplies, demand and the role of geopolitics....
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...More often, charters are revised so that the foundation keeps control while the company raises extra capital through non-voting shares....
...innovation officer Leigh-Ann Russell is leaving for an external job after 18 years at BP, while Anja-Isabel Dotzenrath, who joined in 2022 to head BP’s gas and low-carbon business, will retire, the FTSE 100 oil...
...Australia’s largest oil and gas developer has launched a staunch defence of its climate plan ahead of a potentially damaging vote on the issue at its annual meeting next week....
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
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