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Headcount to be reduced by almost a fifth after 71% plunge in profitability
Santander and HSBC worked on Petroperú bond issuance despite its record of Amazon oil spills
Business model in tatters after biggest customer slashes Russian gas imports in wake of Ukraine war
Lower demand during mild weather has coincided with surging production
Chinese consumer shift to smaller battery cars that need less of the metal is also expected to cut usage
Analysts forecast regulator will cut level by 15% to £1,635 for second quarter in boost to efforts to curb inflation
Party’s plan to extend windfall tax and cut investment allowances has enraged industry bosses, while others warn we are at ‘crux point’
Producers of EV battery material fear collapse as supply glut from Indonesia knocks prices
Speculative traders have amassed a $8.7bn bet on further gains, the largest ever
Consolidation has reshaped the US energy industry — and its role in global markets
Tech group’s AI tools will assist project to track oil and gas infrastructure
German industrial conglomerate writes down value of its steel business for second time in three months
Switch from coal by China and other Asian countries will drive increase, says report
Foreign minister says Caracas is seeking to push Georgetown into settling territorial dispute over oil-rich region
Diamondback Energy’s $26bn takeover of Endeavor furthers drive towards efficiency and lower production costs
Issa brothers originally took on €39mn debt from EG Group to buy the two Bombardier planes in 2018
Shareholder group Follow This seeks to dismiss US oil major’s lawsuit after dropping green resolution
The rich Nordic country is western Europe’s biggest petroleum producer but likes to tout its green credentials too
Chinese equity funds accounted for vast majority of the new money, but foreign investors preferred ex-China vehicles
Separate actions from industry and green groups take aim at the administration’s policy
Large acquisition targets have become scarce commodities in the Permian Basin
Acquisition among ‘last major outstanding M&A puzzle pieces’ in the booming Permian Basin
Production suspended after sharp fall in price of metal used for stainless steel and electric car batteries
States must acknowledge shift to less-polluting system will lead to higher energy costs, says Patrick Pouyanné
University’s exposure has risen despite landmark 2020 commitment to divestment
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