BP has appointed Meg O’Neill, the chief executive of Australia’s Woodside Energy, as its new CEO. This move signals BP’s intention to intensify efforts to increase returns and prioritise oil and gas operations, following a scaling back of its earlier, ambitious renewable energy strategy. A historic appointment O’Neill’s appointment, which is slated to take effect
UK-based OXCCU is advancing a game-changing one-step power-to-liquids (PtL) process that could dramatically lower the cost of sustainable aviation fuel (SAF) and accelerate aviation’s path to net-zero, CEO and co-founder Andrew Symes tells Invezz. In this exclusive Invezz interview, Symes – an Oxford University chemistry graduate with deep experience in climate tech investing at BP
Russia’s Foreign Ministry said on Thursday that it hoped the administration of US President Donald Trump would not make a grave error in Venezuela, as tensions between Washington and Caracas continue to rise. Moscow expressed alarm about US policies that could jeopardise international shipping and further destabilise the region. The remarks come after Trump on
Gold prices eased and remained flat on Friday due to a stronger dollar against a basket of major currencies. Meanwhile, silver climbed more than 1% on robust industrial demand, with prices outperforming gold comfortably. Oil prices ticked up on Friday on concerns over lower supply from Venezuela. But prices are set for a second consecutive
Gold prices were slightly higher on Thursday after the US Federal Reserve cut interest rates. Meanwhile, silver prices continued to rally with the metal hitting a fresh record high on COMEX, buoyed by lower interest rates and a supply crunch. Oil prices were in the red with investors focusing on peace talks between Russia and
As investors stare down the start of 2026, one thing is clear: the playbook that worked over the last decade won’t cut it in the next. Between stubborn inflation fears, a ballooning US national debt and relentless innovation in digital finance, the lines between Wall Street, Washington and Web3 are blurring fast. That’s exactly the
Gold prices were hovering below the $4,400-per-ounce mark as safe-haven buying increased, while the dollar slipped against major currencies. Silver prices on COMEX also rose more than 3% on Monday, with the metal shy of Friday’s record high. Meanwhile, oil prices were in the red as a potential peace deal between Russia and Ukraine weighed
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Trump Media & Technology Group and fusion power company TAE Technologies have agreed to merge in an all-stock transaction valued at more than $6 billion, the companies said on Thursday. As per the statement, the deal is set to create one of the world’s first publicly traded fusion energy companies and marks a significant strategic
