The world’s oil and gas companies should set targets to cut greenhouse gas emissions by 2030 at the upcoming COP28 global climate conference, the CEO of France’s TotalEnergies TTEF.PA Patrick Pouyanne said on Wednesday. “If we can bring something to COP28 as an oil and gas industry … (it) is not only IOCs (international oil |
The world s oil and gas
companies should set targets to cut greenhouse gas emissions by
2030 at the upcoming COP28 global climate conference, the CEO of
France s TotalEnergies Patrick Pouyanne said.
Shell will increase
its dividend by 15%, starting in the second quarter of the year,
and will reduce capital spending as part of CEO Wael Sawan s
efforts to regain investor confidence, the company. | June 14, 2023
BP made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back of strong oil and gas trading, but the company's shares fell as it slowed a share buyback programme.
Capricorn Energy plans $575 million in shareholder payouts under a new CEO with experience of renegotiating Egyptian licences, it said on Thursday, after two mergers failed amid investor revolts that also toppled its previous leadership.