Big Oil ‘risks being seen as the new tobacco’

Companies in the news include BP, Shell, EY and Microsoft

BP and Shell petrol stations
(Image credit: Tim Boyle/Getty Images)

1. BP/Shell: Cop outs?

The middle of the Cop26 climate conference was not an ideal moment to boast that the oil business can be “spectacularly lucrative”, said Nils Pratley in The Guardian. Delivering the oil major’s quarterly results following the recent global surge in power prices, BP’s Irish boss Bernard Looney cheerfully described it as “a cash machine”. “

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