Australian oil and gas operator’s climate plan was overwhelmingly rejected by shareholders at its annual meeting
Group plans to boost critical source of revenue to kingdom in spite of earnings miss
Oil major says it will trim $2bn of cash costs and announces another $1.75bn of share buybacks
New levies and fees worldwide add cost to electric-car buyers as sales growth cools
‘It’s a different value proposition, and people are voting with their wallets’, says chief of mass-market jeweller
South Africa’s ruling party berates big business one minute and urges it to invest the next
And utilities revisited
Investors believe chief executive is prepared to be flexible as demand for oil and gas continues to grow
The bill for meeting climate goals will be immense. Governments worldwide are trying to figure out how to foot it
Utility accuses housebuilder of ‘negligence’ after sewer blocked with concrete
Arm of Abu Dhabi sovereign wealth fund also backs launch of new stock exchange in South American nation
Subsidy scheme in Alberta allowed oil major’s plant to register carbon credits equivalent to twice the volume of CO₂ captured
Smaller independent operators say they have taken the brunt of the pain from the 75% tax rate on profits
Judgment upholds four of five grounds for legal challenge brought by campaign groups against net zero strategy
Also in today’s newsletter, the upside to Italy’s Enel missing its climate target
It is no longer clear the sprawling business remains in the group’s sweet spot as global warming reorders industry
CEOs weighing mergers may think twice after US regulator bars industry veteran from Exxon’s board
Country’s independent Competition Commission vows to assess any takeover on ‘public interest’ grounds
Infrastructure groups have invested heavily in shifting power companies to lower-carbon production
Statement comes as the Australian miner’s chief executive visits country after political backlash
Energy giant suffers fallout from Ukraine war as Europe weans itself off Russian supplies
Danish wind developer chief Mads Nipper says project costs heightened by elevated interest rates
ExxonMobil agrees to bar Scott Sheffield from board after federal regulator’s allegations
New mines are needed to meet the world’s demand for the essential red metal
Europe’s largest oil and gas company increases production and maintains share buybacks at $3.5bn
International Edition