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Departure announced just weeks after resignation of global CEO Bernard Looney
Five-year plan offers drastic reduction compared with Trump-era proposal despite industry lobbying
US climate envoy is worried by ‘lack of reality’ in some countries about global warming but is confident the market will drive green energy shift
Also in this newsletter: Trump troubles, HS2 hullabaloo, flying taxis
Move condemned as ‘reckless’ by climate change campaigners
Recovering peak £2.5bn capitalisation remains a distant objective
Alexandre Silveira touts clean energy credentials and aim to become top oil producer
Slowing demand as EV use grows will have an impact on everything from energy security to refineries
It didn’t have to happen this way
Governments need to step up clean energy supply to avoid shortages and price jumps, agency warns
Rising prices might explain why Moscow has decided to resume exports
Shift in seaborne trade suggests Kremlin will benefit from rising prices despite west’s $60-a-barrel cap
Bloc will have a ‘need for American energy’ says Ditte Juul Jørgensen
Events in New York and Calgary this week have damped hopes of agreement at COP28
Oneok’s $19bn takeover of Magellan reflects shifting views of future for gas vs oil
Ticket prices have already soared as airlines make the most of demand for travel
Curbs raise concerns Kremlin is ‘repeating playbook’ by again weaponising energy supplies
Speculators have increased their long positions as crude has climbed almost 30% since June
Instacart shares close up 12% after public market debut
Onetime supporters of ex-president are hunting for an alternative to roll back Biden’s green agenda
Production cuts have lifted prices close to last year’s $100 per barrel average as the world produces less than it consumes
Production cuts by Russia and Saudi Arabia have sparked tensions with western economies
Energy company overhauls top management following exit of Bernard Looney
Prince Abdulaziz bin Salman defends lower output as crude nears $95 a barrel
Civil action seeks damages to help mitigate costs of global warming caused by fossil fuels
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