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BP to cut 10,000 jobs worldwide amid huge drop in demand for oil | BP

BP has announced plans to cut 10,000 jobs, representing about 15% of the oil group’s 70,000 staff, by the end of the year. Bernard Looney, BP’s chief executive, told employees

The world wasn’t ready for a Green New Deal in 2009. Today, it may be | Larry Elliott | Opinion

Timing matters. Early 2020 saw an economic collapse the likes of which have not been seen in living memory. Growth has collapsed, unemployment has soared, poverty has increased. Yet in

Shell shows prudence on dividend, but no remorse on $16bn share buybacks | Nils Pratley | Business

A title on Ben van Beurden’s bookshelf in his video message to Shell investors captured the mood – Fall of Giants by Ken Follett. A pillar of the UK stock

Shell unveils plans to become net-zero carbon company by 2050 | Business

Royal Dutch Shell plans to become a net zero-carbon company by 2050 or sooner by selling more green energy to help reduce the carbon intensity of its business. Ben van

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