Edition:
United Kingdom

Ron Bousso

As renewables soar, BP sees China hitting brakes on energy growth

14 Feb 2019

LONDON Global demand for renewable power will soar at an unprecedented pace over the coming decades, BP said in a benchmark report on Thursday, while China's energy growth is seen sharply decelerating as its economic expansion slows.

Shell leads cash race but Exxon catching up

08 Feb 2019

LONDON Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world's top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production.

BP's 2018 profit doubles to five-year high as output soars

06 Feb 2019

LONDON BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output following a large U.S. shale acquisition. | Video

Exclusive: Qatar, Exxon to proceed with $10 billion Texas LNG project - sources

01 Feb 2019

LONDON/NEW YORK Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility in Texas, three people familiar with the transaction said.

BP to expand emissions disclosure on oil investments

01 Feb 2019

LONDON BP has agreed to broaden its disclosure on greenhouse gas emissions to show how it thinks future investments in oil and gas align with U.N.-backed climate goals, it said on Friday.

EXCLUSIVE-Qatar, Exxon to proceed with $10 bln Texas LNG project - sources

01 Feb 2019

* Qatar Petroleum, Exxon Mobil to expand Golden Pass LNG project

Shell sticking with spending discipline as 2018 profits soar

31 Jan 2019

LONDON Royal Dutch Shell said to would stick to spending discipline this year after 2018 profits jumped by more than a third to $21.4 billion, their highest since 2014. | Video

Neptune Energy, DEA bid for Edison's oil and gas assets - sources

25 Jan 2019

LONDON Private-equity backed Neptune Energy and Germany's DEA are bidding for the oil and gas assets in Egypt, Italy and elsewhere being sold by EDF's Italian unit Edison, industry sources said on Friday.

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