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...When the board received a first set of formal allegations regarding Looney’s past relationships — via an anonymous letter in May 2022 — it gave the chief executive another pass....
...William Dixon London SE18, UK David Wilson Walton-on-the-Naze, Essex, UK...
...Now, scientists, fusion executives and investors say the foundations may finally be in place for a company, or several, to demonstrate a commercially viable fusion plant by the 2030s....
...The former head of Shell has said the oil major is “massively undervalued” in London and may benefit from switching its listing to the US, in another blow to sentiment surrounding the UK stock market....
...Looney abruptly resigned in September, admitting he had failed to fully disclose past relationships with colleagues following a set of accusations received by the board in May 2022....
...intentions: the company wants to stay in fossil fuels as long as possible,” he said, urging investors to back the climate resolution it co-filed with 27 institutional investors at the upcoming annual meeting in May...
...The results may take years to materialise. “In isolation any single policy announcement is going to look pretty underwhelming,” New Financial’s Wright said....
...The price of European gas has fallen to a level last seen before Russia started curtailing supplies in 2021, offering hope that an energy crisis that has engulfed the region for the past three years may...
...producer was able to increase its total dividend in 2023 by 30 per cent year-on-year to $97.8bn, chief executive Amin Nasser said, largely through additional performance-linked payments introduced last May...
...These considerations may indefinitely delay the answer to the question “What causes obesity?” J Wilson Carswell London W12, UK...
...Pouyanné is an unabashed defender of what he presents as a pragmatic worldview, arguing that oil demand may peak before the end of this decade but will decline slowly enough after that new production will...
...Lund had previously said the company remained committed to the pivot to greener energy despite Looney’s departure, although an external hire may have sought to push BP in a different direction....
...tom.wilson@ft.com...
...Energy Source is written and edited by Tom Wilson, Jamie Smyth, Myles McCormick and Amanda Chu, with support from the FT’s global team of reporters....
...This means coal demand may have peaked in 2023, according to the IEA. “A historic turning point could arrive soon,” it said....
...In that position he oversaw Looney’s now-contentious appointment in 2019, the overhaul of BP’s strategy in 2020 and the response to the allegations about Looney’s past relationships in May 2022 and September...
...Other recordings of Daphnis et Chloé may offer bolder colours, a more obviously upfront panache, but the delicacy and detail of this performance put it in the top class, and the Sinfonia of London can stand...
...But, as the FT’s natural resources editor Tom Wilson explains, key recycling policies and strategies will be needed...
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
Climate agreement may fail to result in falls in oil and gas production
...Under the terms of the price cap — introduced last December — companies from price cap coalition countries may be involved in moving Russian oil as long as the oil is priced at below a set maximum....
...Jonathan Anderson, the creative director at Loewe, who has been instrumental in elevating craft and its makers (to wit, see Loewe’s Crafted World, his exhibition currently on display in Shanghai until 5 May...
...It’s not difficult but it is the kind of “mysterious” process, says Wilson, that can put off home cooks. This may be why non-stick pans, which are often cheaper, remain so appealing....
...Shell’s former chief executive, Ben van Beurden, told a Financial Times conference this week that the company — the biggest publicly listed group in the UK — was “massively undervalued” in London and may...
...In the late 12th century BC, there may well have been military conflicts on the Turkish coast; Wilson observes that the poems which commemorate it “are set in a world that is almost entirely illiterate”....
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