Quarter of energy company’s investors vote against re-election of outgoing chair Helge Lund
Former CEO reflects on renewables backlash as he prepares to stand for election as Cambridge university chancellor
Legal & General is ‘deeply concerned’ by decision to pivot back to oil and gas
Washington’s decision could leave Trinidad and Tobago’s Atlantic LNG sites vulnerable to gas shortages
Exit follows a bruising period for UK oil major that faces pressure from activist Elliott
Executive tells staff it is not ‘commercially viable’ for group to keep unit focused on low-emission trucking
Oil group has started up two of its promised 10 major projects in past seven weeks
Murray Auchincloss’s share awards drop sharply to £2.75mn, compared with £4.36mn in 2023
Plus, Prada nears a deal to buy Versace and a planned management buyout bid for 7-Eleven’s parent collapses
Chair Helge Lund responds to investor pressure after scrapping plans to become major renewable energy player
If its shift to renewables was premature, its return to oil may also prove ill-timed
Murray Auchincloss predicts ‘tremendous’ demand for oil and gas beyond 2050
Chief says group was too optimistic over shift to renewables
Clever boards can pre-empt attacks by behaving more like activists themselves
Auchincloss must convince activist investor Elliott Management he can turn around troubled oil major
Shareholders in potential clash with US activist Elliott over direction of oil major
Plus, Vanguard’s next chapter, US egg prices soar and a love letter to Hampstead Heath
Company rebrands often fail to win over investors
Plus, a tough day for private equity exits in Europe and Thoma Bravo notches an IPO windfall
Activist’s arrival leaves boss Murray Auchincloss facing crucial test at oil major’s capital markets day
A deleveraged and refocused oil major will help to return it to the pack
US activist hedge fund wants oil major to reduce spending on renewable energy
Resource Resolutions aims to help mediate geopolitically fraught disputes in the critical minerals sector
Oil major’s Q4 profits about half of total for previous quarter
Activist could push for board changes, a New York listing and sale of assets, say shareholders
