Bob Dudley
Pope summons oil execs to Vatican to talk climate change
Pope Francis will meet with some of the world's oil executives next week, likely to give them another moral nudge to clean up their act on global warming.
Climate change policy and science experts are cautiously hopeful but aren't expecting any miracles or even noticeable changes.
The conference will be a follow-up to the pope's encyclical three years ago calling on people to save the planet from climate change and other environmental ills, Vatican spokesman Greg Burke confirmed Friday. Cardinal Peter Turkson, who spearheaded the encyclical, set up the June 8-9 conference with the executives. The pope himself will speak to the leaders on the second day of the summit,...
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Pope summons oil execs to Vatican to talk climate change
Pope Francis
will meet with some of the world's oil executives next week, likely to give them another moral nudge to clean up their act on global warming.
Climate change policy and science experts are cautiously hopeful but aren't expecting any...
BP sees five-fold rise in Q4 earnings amid higher oil prices
BP
's fourth-quarter earnings increased five-fold as it benefited from higher oil prices, increased production and lower costs.
Underlying replacement cost profit jumped to $2.1 billion from $400 million in the same quarter a year earlier, the...
BP earnings rise amid cost cuts, output increase
BP's third quarter net earnings rose 9.2 percent as the energy company cut costs and increased production to adjust to lower oil prices. Net income increased to $1.77 billion from $1.62 billion in the same period last year, the London-based company said...
BP chairman who presided over Gulf spill crisis to retire
Energy firm BP announced Thursday that Carl-Henric Svanberg, the chairman who presided over the company during the Deepwater Horizon spill, has decided to retire. Svanberg took the post in April 2010 — just months before the disaster, which killed 11...
BP reports 91 percent plunge in 4th quarter earnings
British oil company BP said fourth-quarter earnings plunged 91 percent because of sharp declines in oil prices.
BP reported Tuesday that underlying replacement cost profit fell to $196 million from $2.2 billion in the same quarter a year earlier. The...