Laura Hurst

  • Wael Sawan, chief executive officer of Shell Plc.Environment

    Shell waters down its 2030 carbon reduction target, but still aims to reach net zero by 2050

    By Laura Hurst and Bloomberg
  • BP Plc surged to a two-month high after accelerating share buybacks. Chief Executive Officer Murray Auchincloss was appointed last month.Finance

    BP investors send shares soaring as new CEO woos them with $250m buyback boost after his predecessor Bernard Looney’s abrupt resignation

    By Laura Hurst and Bloomberg
  • Bernard Looney, chief executive officer of BP Plc, during the Business 20 (B-20) Summit in New Delhi, India, on Saturday, Aug. 26, 2023. The B-20 is a business summit associated with the Group of Twenty (G-20) leaders’ meeting, scheduled to take place in New Delhi in September. Photographer: Prakash Singh/Bloomberg via Getty ImagesLeadership

    BP’s former CEO is docked $41 million in pay after he ‘knowingly misled the board’ about personal relationships with other employees

    By Laura Hurst and Bloomberg
  • Bernard Looney, chief executive officer of BP Plc, during an event at the Economic Club of Washington in Washington, DC, US, on Wednesday, May 10, 2023. Looney will discuss BP’s net zero ambitions and strategy to transform from an international oil company to an integrated energy company. Photographer: Valerie Plesch/Bloomberg via Getty Images

    ‘It’s been mismanaged’: Shocking exit of BP’s CEO leaves the oil giant in a state of chaos

    By Laura Hurst and Bloomberg
  • Bernard Looney, chief executive officer of BP Plc, during the Business 20 (B-20) Summit in New Delhi, India, on Saturday, Aug. 26, 2023. The B-20 is a business summit associated with the Group of Twenty (G-20) leaders’ meeting, scheduled to take place in New Delhi in September. Photographer: Prakash Singh/Bloomberg via Getty ImagesLeadership

    BP’s CEO just resigned because ‘he was not fully transparent’ about his past relationships with colleagues

    By Laura Hurst, Anne Riley Moffat, and others
  • Bernard Looney, chief executive officer of BP PLC, speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. The global energy industry is facing a welter of uncertainty and change — driven by the effects of the global pandemic; shifting geopolitics and a war launched by one of the world’s major energy powers; high energy prices; supply chain and infrastructure constraints; and economic instability. Photographer: F. Carter Smith/Bloomberg via Getty ImagesFinance

    Big Oil’s falling profits push BP to hike dividends and buy back $1.5 billion more stock to keep shareholders happy

    By Laura Hurst and Bloomberg
  • Bernard Looney, chief executive officer of BP Plc, speaks during the Federation of German Industries (BDI) conference in Berlin, Germany, on Tuesday, Oct. 6, 2020. Europes largest economy is showing signs of improvement, but the scale of the damage justifies Germanys unprecedented borrowing and spending, Merkel said in a video statement to Germanys BDI industry lobby. Photographer: Rolf Schulten/Bloomberg via Getty ImagesFinance

    BP shareholders will get a $2.5 billion buyback as Russia’s war gives oil giant ‘exceptional’ results

    By Laura Hurst and Bloomberg
  • Fuel prices on a pump filling station at a Shell gas station in Boston, Mass., on Tuesday, March 1, 2022. Democratic efforts to define the party's energy policies are facing mounting pressure as surging gasoline prices, Russia's invasion of Ukraine, and the collapse in Congress of President Joe Bidens climate spending package heighten scrutiny of their agenda.

    Shell says it bought Russian oil after government talks

    By Archie Hunter, Laura Hurst, and others
  • Shell employee during a fuel delivery

    Shell reportedly continues to purchase oil and gas from Russia amid invasion, expert says

    By Laura Hurst and Bloomberg
  • 22 January 2020, Berlin: Anja-Isabel Dotzenrath, Managing Director of RWE Renewable Energies, speaks in an interview with journalists from the German Press Agency. Photo: Kay Nietfeld/dpa (Photo by Kay Nietfeld/picture alliance via Getty Images)MPW

    BP just became the only Big Oil firm to have more women than men in its top executive team

    By Laura Hurst and Bloomberg
  • ST PETERSBURG, RUSSIA – JULY 18, 2019: Royal Dutch Shell CEO Ben van Beurden during a meeting with Russia’s President Vladimir Putin at the Tauride Palace. Mikhail Metzel/TASS (Photo by Mikhail MetzelTASS via Getty Images)

    Shell will accelerate carbon emission cuts after Dutch court ruling

    By Laura Hurst and Bloomberg
  • A Royal Dutch Shell Plc petrol station in view of skyscrapers in the financial district of the City of London, U.K., on Tuesday, Feb, 2, 2021. Royal Dutch Shell Plc, which reports results on Thursday, has agreed to buy Ubitricity expanding its investments in the transition into cleaner fuels. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images

    The era of peak oil has already arrived for this energy giant

    By Laura Hurst and Bloomberg
  • POLAND – 2020/11/04: In this photo illustration a British Petroleum BP logo seen displayed on a smartphone. (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)

    BP bets big on carbon credits in latest acquisition

    By Laura Hurst and Bloomberg
  • Bernard Looney, chief executive officer of BP Plc, speaks during a news conference in London, U.K., on Wednesday, Feb. 12, 2020. Looney informed staff that the oil giant plans to cut 14% of its staff, or 10,000, as the coronavirus impact rocks the company’s bottom line. Wire photography: Hollie Adams—Bloomberg via Getty Images

    BP to cut 10,000 jobs as the coronavirus pandemic continues to squeeze Big Oil

    By Laura Hurst and Bloomberg
  • Gas filling stations in St Petersburg, Russia

    The oil business may never be the same again, Shell CEO acknowledges

    By Anna Edwards, Laura Hurst, and others