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Top investor issues warning to BHP Billiton as miner axes primary London listing

Top investor issues warning to BHP Billiton as miner axes primary London listing
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OPEC, Russia seen gaining more power with Shell Dutch ruling | Hellenic Shipping News Worldwide

OPEC, Russia seen gaining more power with Shell Dutch ruling Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco, Abu Dhabi National Oil Company and Russia’s Gazprom and Rosneft. It means more business for them and the Saudi-led Organization of the Petroleum Exporting Countries (OPEC). “Oil and gas demand is far from peaking and supplies will be needed, but international oil companies will not be allowed to invest in this environment, meaning national oil companies have to step in,” said Amrita Sen from Energy Aspects consultancy.

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