Nasdaq Notches Another New All-Time High: Stock Market Today Two of the three main U.S. equity indexes hit new all-time highs at the start of a big week for earnings and interest rates. Kiplinger · Apr 27
Shell reverses course in Canada and buys ARC Resources for $14 billion, doubling down on oil and gas The Montney is emerging as a hot oil and gas play as U.S. shale basins mature. Fortune · Apr 27
Blue chips close lower amid US-Iran stalemate For the week, the FTSE 100 fell 2.7%, the FTSE 250 also declined 2.7% and the AIM All-Share dipped 1.7%. Evening Standard · Apr 24
What impact will soaring oil prices have on BP’s earnings? The FTSE 100 firm said earlier this month it was heading for an ‘exceptional’ oil trading result in the first three months of the year. Evening Standard · Apr 24
Extra diesel shipments prioritised for regional areas Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies. AAP · Apr 24
BP’s chair deserved a kick for his silly obstinacy over shareholder resolution Albert Manifold and his board refused to put a request from investor group on annual meeting agenda – leading to an investor revolt The Guardian - UK · Apr 23
BP board suffers triple climate rebellion from shareholders More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting The Guardian - UK · Apr 23
BP facing tense clash over climate transparency and shareholder rights at AGM The oil major could face investor dissent on several fronts during the meeting at its Sunbury-on-Thames hub in Surrey. Evening Standard · Apr 22
Beyond sneakers: Bachi Pullela’s ‘State of Joy’ bet in the footwear space Bachi Pullela, Founder of State of Joy, discusses his transition from global manufacturing to building a consumer-facing brand rooted in Indian identity and “joy” as a cultural philosophy. The Economic Times · Apr 22
Climate groups sue US government over approval of new BP project in Gulf of Mexico Advocates expressed alarm as new project drills deeper into ocean bed, pointing to company’s failures at Deepwater Horizon spill The Guardian - US · Apr 20
'Tiny' tax returns on gas has leading economist fuming Australians have finite stocks of gas and other natural resources and deserve a fair return on them, an inquiry has been told as calls grow for tax reform. AAP · Apr 20
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project Environmental groups sued the Trump administration on Monday over its approval of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico The Independent UK · Apr 20
FTSE 100 falls back amid renewed US-Iran tension XTB’s Kathleen Brooks said ‘the market mood is very different at the start of the week compared to Friday’. Evening Standard · Apr 20
Oil price plummets as Iran declares Hormuz open ‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB. Evening Standard · Apr 17
The Independent UK · Apr 17 The Latest: A 10-day Lebanon ceasefire appears to hold as European leaders set to meet over strait A 10-day ceasefire announced by U.S. President Donald Trump and agreed on by Lebanon and Israel appeared to be holding in Lebanon
The Independent UK · Apr 16 BP sued in Kenya over alleged toxic waste from 1980s oil exploration A Kenyan High Court has ruled that a class action lawsuit against BP can proceed
Evening Standard · Apr 14 Stocks rise, oil falls, on fresh Middle East hope The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.
The Independent UK · Apr 14 UK workers should stay at home to save fuel, says ex-government adviser Professor Nick Butler warns the price of diesel could still go a ‘good deal’ north of £2 per litre
The Guardian - UK · Apr 14 BP’s new boss to overhaul structure after retreat from green strategy Meg O’Neill to return to upstream and downstream divisions after shift away from low carbon push
The Independent UK · Apr 14 BP sees ‘exceptional’ oil trading result as Iran war sends crude costs soaring Oil prices have surged higher since the US-Israel war on Iran started and are now more than 60% up so far this year.
The Guardian - US · Apr 13 ‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices
Barchart · Apr 9 Oil Prices Crash 16% on Iran War Ceasefire—Why ExxonMobil Is Still the Only Buy That Makes Sense Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire holds or new hostilities break out, one oil stock is a buy no matter which way this conflict goes.
Evening Standard · Apr 8 Stocks surge and oil tumbles amid US-Iran ceasefire The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.
The Guardian - UK · Apr 7 BP shareholders advised to vote against chair over climate resolution exclusion Glass Lewis says blocking of proposal to share company’s longer-term strategy at AGM raises transparency issues