UK oil major has consulted shareholders on boosting maximum long-term share awards to £13.8mn a year
Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia
Shareholders will challenge oil major over ‘undisciplined capital allocation’
With oil prices stagnant and development costs high, investors seem none too impressed by this all-stock deal
Energy prices reverse recent gains on easing geopolitical concerns and warmer weather outlook
Deal comes as lower oil prices force smaller US producers to consider tie-ups
Shell, BP and peers widely expected to rein in buybacks to protect balance sheets in face of lower oil prices
Mediterranean-focused group points to shift from renewables in Greece, Italy and Cyprus
Supermajor to focus on boosting production from existing operations rather than fast-track expansion, says finance chief
Private capital group’s president Jonathan Gray tells the FT: ‘The deal environment feels like it has hit escape velocity’
Crude exports to Havana are drying up, according to Kpler, amid US blockade of Venezuela and pressure on Mexico
Treasury issues ‘general licence’ that will allow American groups to purchase and resell the South American country’s oil
Deal would be largest oil and gas merger in two years
Price rises 4% on Thursday as Donald Trump hails ‘beautiful armada’ targeting regime
Marco Rubio defends ‘novel’ scheme under which America will approve how Caracas can spend portion of national income
Agreement comes after US targeted Russian company with sanctions in October
Moscow’s energy revenues fell by a fifth in 2025 compared with previous year
Diezani Alison-Madueke accused of accepting bribes from executives while Nigeria’s oil minister
German government weighs Rosneft expropriation plan to head off fuel disruptions in Berlin
Diezani Alison-Madueke denies receiving bribes from oil tycoons
Record production comes as analysts say Venezuelan output is not likely to significantly hit demand in short term
Jump expected to push up consumer bills as White House faces criticism it has failed to deliver on affordability
Abu Dhabi’s state oil company is seeking to become one of the world’s largest integrated gas suppliers
Forecast capacity needs are rising, perhaps by a tenth over the next three years
EQT, Expand and Berkshire Hathaway Energy identified by air surveillance of their emissions
