Oil major paused work on Rotterdam project this week amid difficult market
The streaming giant is in talks with record labels over an artificial intelligence music deal
Current market is in gridlock, with governments flip-flopping on green targets
Work on energy transition project in Rotterdam will be further delayed
Purchase of Singapore-based Pavilion Energy is its latest bet on the fossil fuel
Proposed European pipelines could reach 28,000km by 2030 — but only one 30km scheme is currently under way
Top UK asset managers diverge from EU peers in voting choices
Shareholders reject resolution by activist group Follow This urging tighter goals
Executives cast doubt on bloc’s plans to buy materials crucial to the energy transition as it did for Covid vaccines
FTSE 100 energy majors want to improve valuations and close discount with US rivals
Subsidy scheme in Alberta allowed oil major’s plant to register carbon credits equivalent to twice the volume of CO₂ captured
Europe’s largest oil and gas company increases production and maintains share buybacks at $3.5bn
The shareholders say meeting the Paris Agreement goals is ‘essential to preserve the health of the global economy’
Dutchman led FTSE 100 group’s push into biofuels, hydrogen and renewable power
The $40mn pay packet for Darren Woods comes amid debate in London about transatlantic valuation gap
Plus, TikTok staff are hit with a big tax bill and European IPOs make a comeback (no thanks to the UK)
Ben van Beurden says US-listed companies benefit from deeper pool of capital and higher valuations
Test case on power of courts as oil and gas companies push back over judgments on their role in global warming
Also in today’s newsletter, the private sector is missing in action on climate resilience and adaptation finance
Many groups have focused on the near term and their own emissions — rather than those of suppliers and customers
Energy major scraps 2035 target, giving itself more flexibility on timing of plans
The EU will not meet its ambitious green goals without vast investment in its grids
Switch from coal by China and other Asian countries will drive increase, says report
Oil executives hit out at administration’s move to pause approvals for LNG export terminals
Oil major announces further $3.5bn of share buybacks as 2023 profits top $28bn
UK Edition
