British energy major Shell is cancelling its traditional "media briefing" that allowed journalists to ask on-the-record questions to its CEO/CFO each quarter. Shell blames logistical issues. Media access provides transparency, and that benefits shareholders and society. #OOTT

Only 2 weeks after Bernard Looney's shock departure, BP has lost another exec - David Lawler president of BP America and CEO of BPX has stepped down to pursue new opportunities: bloomberg.com/news/articles/…

Another week, another oil megadeal. Chevron agrees to buy Hess for $53 billion: bloomberg.com/news/articles/… via Bloomberg Markets

Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their deal-making US peers remains stubbornly wide. With Kevin Crowley bloomberg.com/news/articles/…

BP interim boss Murray Auchincloss is going into quarterly results next week for the first time since Bernard Looney's abrupt resignation last month bloomberg.com/news/articles/…

BP head of gas and low carbon says US offshore wind "fundamentally broken" but says issues can still be fixed: bloomberg.com/news/articles/…

Shell paid net corporate income tax in the UK for the first time in last year since at least 2018 after the government introduced an oil and gas windfall tax. bloomberg.com/news/articles/…

The amount of money spent on dismantling aging North Sea oil and gas infrastructure could overtake capital expenditure by 2040, according to the sector’s leading UK trade group bloomberg.com/news/articles/… via Laura Hurst

ADNOC Group is exploring a potential acquisition of Wintershall Dea, the European energy explorer backed by BASF bloomberg.com/news/articles/… Bloomberg Deals Dinesh Nair eyk_henning Laura Hurst + Vinicy Chan Bloomberg Deals

Exxon is catching up with competitors and will start paying cash bonuses to traders from the end of next year as it looks to expand trading ops. With Devika Krishna Kumar Jack Wittels Kevin Crowley bloomberg.com/news/articles/…

Shell's huge gas-trading business is set to bolster earnings again, but it's not an entirely rosy picture, writes Laura Hurst trib.al/S97E8m7

READ: BP names Murray Auchincloss CEO, four months after Looney shock resignation *He favored clean energy & plan to keep oil/gas output flat for rest of decade -- triggering mixed reception from investors as BP shares lagged rivals bloomberg.com/news/articles/… Bloomberg Markets Laura Hurst

BP’s battle with retired employees over the impact of inflation on their pensions drew the attention of Westminster this week, an escalation in the long-running dispute linked to the UK’s cost of living crisis trib.al/4zailVD

Some Exxon Mobil trading staff protested outside the oil giant’s Brussels office over a decision to move the trading floor to London, which they say will result in job cuts if they don’t agree to the new assignments bloomberg.com/news/articles/… w/ Laura Hurst