Calls for windfall tax on CEO pay after BP boss Looney pocketed ยฃ10m in 2022
Campaigners are calling for a windfall tax on the pay of chief executive after two oil bosses pocketed almost ยฃ20 million in 2022.
Campaigners are calling for a windfall tax on the pay of chief executive after two oil bosses pocketed almost ยฃ20 million in 2022.
Ben van Beurden, until recently the chief executive of Shell (LON: SHEL), was paid ยฃ9.7 million by the oil giant last year.
โPersonal claims against directors may be a potential area of growth. Directors will have to take the threat seriously, as they have an impact on their professional and personal lives,โ Calvert warned.
Activists at COP27 have accosted Patrick Pouyannรฉ, CEO of TotalEnergies, to demand answers about โbloody moneyโ from the companyโs Russian operations.
Equinorโs (OSLO: EQNR) outgoing global vice president exploration and production says COP27 feels more welcoming to energy companies than its predecessor.
Oil and gas lobbyists outnumber representatives from any single country at COP26, according to new analysis.
A Milan court has acquitted Shell and Eni, and their executives, of allegations of wrongdoing around Nigeriaโs OPL 245 licence.
As a final investment decision (FID) looms on Ugandaโs oil plans, opposition is targeting financial sources for the export pipeline.
Industry bodies have rallied to defend carbon capture and storage (CCS) after a report claimed it wouldnโt be able to deliver the emissions reductions needed in the coming years.
Environmental campaigners have branded carbon capture and storage (CCS) a โdangerous distractionโ from the urgent need to decarbonise the energy sector.
The UK government is reconsidering its support for financing foreign oil and gas projects, following UK Export Financeโs (UKEF) commitment to the Total-led Mozambique LNG project.
The Nigerian government has expressed disappointment that a High Court ruling in England has opted not to hear a civil claim against Shell, Eni and Energy Venture Partners (EVP), over the OPL 245 case.
Petroleum Exploration and Production Africa (PEPA) has defended its work in Congo Brazzaville, following a condemnatory report from Global Witness and others.
Some of the world's biggest oil firms have claimed they are taking "prudent action" on climate goals, despite a new report suggesting production from new fields will breach the Paris Agreement.
Campaign group Global Witness has warned that a Treasury tax break designed encourage the sale of old oil and gas assets could add more than ยฃ3 billion to the UKโs decommissioning bill.