Energy giant BP has sold its head office in London to Hong-Kong based Lifestyle International for £250 million, a news report said.
The Serious Fraud Office (SFO) has secured £1.2million from the owner of a luxury London apartment bought after bribing Brazilian state oil firm Petrobras.
BP is nearing the sale of its London headquarters to a firm controlled by Thomas Lau, brother of Hong Kong property billionaire Joseph Lau.
BP will make 7,500 of its planned global job cuts compulsory after roughly 2,500 workers applied for voluntary redundancy, according to a news report.
BP plans to sell its headquarters in central London as it cuts jobs and adopts flexible working, The Times reported on Sunday.
Former members of the Lloyds Register upstream consulting team say they are “building a better future” after the entire department was closed down.
Shell is looking “long and hard” at its organisation and portfolio as it works to emerge from Covid and move towards net zero, according to its UK boss.
Some oil industry leaders have been “conspicuous by their silence” on racism and global protests, according to the chairman of a group for black and minority (BME) engineers.
Greenpeace is staging a “socially distanced protest” outside BP’s London headquarters as the energy giant is due to begin its annual general meeting.
London's carbon dioxide emissions have fallen by almost 60% during lockdown, analysis suggests.
Oil and Gas UK (OGUK) has decided to chop up one of its flagship industry reports and cancelled key events in response to the coronavirus outbreak.
Another blow has been dealt to north-east travellers who want to fly to the south-east of England.
Texas-based Vaalco Energy’s production in Gabon is more than 6,000 barrels per day of oil, up 73% from its 2019 average.
The boss of French oil giant Total has said moving the company's financial hub out of London to Paris due to Brexit is "a logical decision".
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
Extinction Rebellion has won a High Court challenge against the Metropolitan Police over a London-wide protest ban.
A former senior lawyer at Shell cannot use a leaked email or an overheard pub conversation in his discrimination claim, a court has ruled.
Business and political leaders from across England will launch a joint declaration to clean up air pollution as a national priority in a bid to "stop people dying needlessly".
When two U.K. power plants shut down almost simultaneously in London’s first major blackout for a decade, it triggered a storm of questions about how to avoid another failure.
London must be at the heart of efforts to cut greenhouse gas emissions to net zero, the Government said as it launched a "green finance strategy".
British Airways is adding extra flights between Aberdeen and London Heathrow as part of plans to grow services between Scotland and the UK’s busiest aviation hub.
Greenpeace has shut down BP’s headquarters in London on the eve of its annual general meeting in Aberdeen.
Aberdeen is losing a vital air link to another London airport.
Local authorities across London are being urged to join the fight against climate change by pulling pension fund investments out of fossil fuels.
The pound fell in Asian trading after a weekend terror attack in London killed seven people, days before the nation votes in a snap election.