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BP to power London’s largest car service going all-electric

  Bloomberg BP Plc’s electric-vehicle charging business is partnering with Addison Lee, London’s largest car and courier service, to keep its drivers from running out of battery range. Addison Lee’s fleet of EVs — which is expected to be 1,000 strong by the end of the year — will get enhanced access to BP Pulse’s more than 3,000 charging points, ...

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Malfunction hits Shell refinery unit

  Bloomberg Europe’s largest oil refinery suffered a malfunction, a potential source of jitters for the continent’s refined fuels market where supply has already been hit by industrial action. The compressor of fluid catalytic cracker unit 2 tripped on Oct. 12 due to the loss of power supply, according to a fire safety alert from the region’s Rjinmond Veilig service. ...

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Bank of England snatching defeat from jaws of victory

“You’ve got to get this done.” Hardly the words of encouragement UK pension fund managers wanted from the governor of the Bank of England. Speaking in Washington late on Tuesday, Andrew Bailey insisted they wind up excess leverage in gilts before the BOE ends its support for the country’s government bond market. That means the pension funds have just three ...

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