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...Big oil groups have also joined the lobbying effort, with BP and Woodside Energy among fossil fuel companies that recently wrote to the government to “act prudently” in its guidance....
...The settlement does not specify from whose cut the 4 bps decrease in interchange fees will come....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...In response, Armour said, State Street dropped its fee to 5 bps and then Schwab slashed its fee to 3 bps in late September....
...For example, the $723mn VanEck BDC Income ETF charged 1,117 bps in total annual fund expenses last year, including 1,075 bps in acquired fund fees and expenses, he said....
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...For example, BP uses them to train oil rig workers, avoiding the time, expense and safety risks involved in training at an offshore facility....
...Earlier this year the state of California sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming they had misled consumers by suppressing information about the adverse...
...Rival energy groups Neste, Eni, Repsol, Galp Energia, BP, Shell and OMV also appear in many funds, although ISR funds may not have to sell some of these, such as Finland’s Neste....
...News of the talks, which would create a national champion rivalling BP in shipments, felt fairly predictable in Australia. Both companies have already been active in dealmaking....
...Western companies’ $18bn conundrum What do BP, Raiffeisen, Citigroup and PepsiCo have in common?...
...BP has been involved in previous high-profile accidents in the US....
...bps — married with Fido’s vast distribution....
...Unlike European rivals such as Shell and BP, however, it has avoided any shift into renewable energy....
...It says its services have helped BP reduce production costs by approximately 60 per cent. It is also the frontrunner for a new seven-year NHS contract worth up to £480mn....
...It is making a similar push at Shell, BP, Chevron and Exxon. “These supermajors will only change if shareholders massively vote for change,” said Mark van Baal, founder of Follow This....
...BP recently closed a $4.1bn deal for Archaea Energy, whose projects harvest methane created at landfill sites....
...UK-listed BP quit Canada’s oil sands industry last year, selling its sole producing stake in the region to Calgary-based Cenovus Energy....
...Looking under the bonnet of a fund tends to yield surprises: a sustainable fund might have oil companies that are considered “best-in-class”, such as BP, or tech stocks that appear to have nothing to do...
...Olczak says he borrowed the name for PMI’s “beyond nicotine” strategy from BP’s “beyond petroleum” tagline following a dinner with former BP chief executive John Browne....
...The White House announced further deals with other EV charging makers, including commitments from BP to invest $1bn in charging in the US by 2030, and a new partnership from Pilot Company, General Motors...
...Energy groups from BP and Shell to ExxonMobil and Equinor have either ended joint ventures or written their remaining shareholdings down to zero....
...Hamm sees BP’s green shift as, well, misguided. He told the FT over lunch earlier this year that BP was going to “cut their throat” by getting out of oil and gas....
...“This will position BP Canada for strong future growth.”...
...Three takeaways from BP report BP’s closely watched energy outlook has dropped in the middle of a generational energy crisis....
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