Oil majors caught between pro-fossil fuel and pro-climate investors scale back $18bn power generation push
Four years after enthusiastically banging the drum for wind power, the oil major is beating a retreat
British major is pulling back from renewables to refocus on oil and gas
Tight market for oil rigs might restrain supply even if producers pull back from projects
Former oil company chief joins company building $10bn artificial intelligence data centre in Wyoming
Project with partners shows energy groups maintaining focus on demand for the fuel
Plus: Ultimate Products and BP — companies analysis from Investors’ Chronicle, our sister publication
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase
There is more than one sort of oil price slump
UK oil major says it expects higher exploration write-offs
BP puts its US onshore wind business up for sale in favour of solar energy
UK oil major has underperformed its rivals as oil prices have started to sink
Oil major trims renewables business and sells off underperforming assets
Bank’s analysts cut share price targets for BP, TotalEnergies, Shell, Equinor and Repsol over weaker fossil fuel prices
Oil major announces expansion plans and pledges to sustain pace of share buybacks
BP and Socar among culprits, according to satellite data examined by campaign group
Oil major warns delay in transition could be ‘costly’ in its annual outlook
UK group is not the first oil major to cut its refining footprint, and it will not be the last
Group blames fall on lower margins in refining business and ‘weak’ oil trading performance
Adnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit from oil major
Oil major updates conflicts of interest policy after chief’s dismissal over failure to disclose past relationships to board
Investors might think they impede returns but FT research shows they do not mean underperformance
Companies analysis from our sister publication
FTSE 100 energy majors want to improve valuations and close discount with US rivals
Oil major says it will trim $2bn of cash costs and announces another $1.75bn of share buybacks
