Edition:
International

Ron Bousso

REUTERS EVENTS-BP says strong oil prices are good for asset sales

7:56am EDT

LONDON, June 22 BP will be in the hydrocarbons business for decades to come, Chief Executive Bernard Looney told Reuters on Tuesday, while high oil prices are set to make its asset sales and transition to lower-carbon energy easier.

Shell weighs blockbuster sale of Texas shale assets

Jun 14 2021

LONDON/NEW YORK (Reuters) -Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. | Video

Exclusive-Energy majors bid for Qatar LNG project despite lower returns

Jun 13 2021

LONDON Six top western energy firms are vying to partner in the vast expansion of Qatar's liquefied natural gas output, industry sources said, helping the Gulf state cement its position as the leading LNG producer while several large projects around the world recently stalled.

Exclusive-Shell weighs blockbuster sale of Texas shale assets

Jun 13 2021

LONDON/NEW YORK Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions.

Shell to step up energy transition after landmark court ruling

Jun 09 2021

LONDON (Reuters) -Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business. | Video

OPEC, Russia seen gaining more power with Shell Dutch ruling

Jun 01 2021

By Dmitry Zhdannikov, Alex Lawler, Ron Bousso and Noah Browning

LEGAL-BP invests $220 million in U.S. solar projects

Jun 01 2021

LONDON BP on Tuesday boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy.

Exclusive-Eni, BP in talks over oil and gas assets in Algeria

May 31 2021

LONDON/MILAN BP and Eni are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said. Europe's top energy companies are cutting back their oil and gas portfolios to keep only the assets most likely to be profitable and redeploy capital for a transition to clean energy as uncertainty mounts over future demand for fossil fuel.

BlackRock goes against BP board in climate resolution vote

May 28 2021

LONDON The world's biggest asset manager and top BP investor BlackRock said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company's board opposed.

BlackRock goes against BP board in climate resolution vote

May 28 2021

LONDON (Reuters) -The world's biggest asset manager and top BP investor BlackRock said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company's board opposed.

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