BP confirms sale of London HQ
Energy giant BP has sold its head office in London to Hong-Kong based Lifestyle International for £250 million, a news report said.
London
SFO secures £1.2million from owner of luxury London home who bribed Petrobras
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 nears sale of London headquarters after £235million offer
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 to make 7,500 of global job cuts compulsory – report
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 to sell London headquarters as work style shifts: Times
BP plans to sell its headquarters in central London as it cuts jobs and adopts flexible working, The Times reported on Sunday.
Former Lloyds Register team ‘build better future’ after department is shuttered
Former members of the Lloyds Register upstream consulting team say they are “building a better future” after the entire department was closed down.
Shell UK boss: ‘We need to look long and hard at our choices’
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.
Oil leaders ‘conspicuous by their silence’ on racism and global protests, says AFBE-UK
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 stage ‘socially distanced protest’ at BP AGM
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 emissions plummet by 60% during lockdown, analysis finds
London's carbon dioxide emissions have fallen by almost 60% during lockdown, analysis suggests.
OGUK to chop up flagship industry report due to coronavirus disruption
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.
Concern at cancellation of another London link
Another blow has been dealt to north-east travellers who want to fly to the south-east of England.
Vaalco output rises on continued Gabonese success
Texas-based Vaalco Energy’s production in Gabon is more than 6,000 barrels per day of oil, up 73% from its 2019 average.
Total shifting ‘finance hub’ to Paris from London ‘due to Brexit’
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".
Spark Exploration targets deal on billion-barrel West of Shetland licences
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 wins court challenge against Met Police over protest ban
Extinction Rebellion has won a High Court challenge against the Metropolitan Police over a London-wide protest ban.
Court blocks use of pub chat and leaked email in Shell unfair dismissal claim
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 make air pollution pledge
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".
London finds no easy answers after once-in-a-decade blackout
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 £5m net-zero target, minister urges
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 adding extra flights to London
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 shuts down BP headquarters on eve of AGM in Aberdeen
Greenpeace has shut down BP’s headquarters in London on the eve of its annual general meeting in Aberdeen.
Airline axes flights from Aberdeen to London City
Aberdeen is losing a vital air link to another London airport.
London boroughs urged to remove pension investments from fossil fuels
Local authorities across London are being urged to join the fight against climate change by pulling pension fund investments out of fossil fuels.
Pound weakens as London terror attacks heighten election stakes
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.