Bloomberg BP Plc and PetroChina Co formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world as it focuses on the energy transition. BP is at the beginning of transformation to slash emissions and hydrocarbon output, while ramping clean-energy production. That strategy sits …

Bloomberg The Netherlands’ advertising watchdog ruled that a Royal Dutch Shell Plc advertising campaign that said customers can offset the carbon emissions from their fuel purchases is misleading. Shell offers customers the option of paying extra for fuel, such as gasoline, saying it will use the proceeds to plant trees and re-absorb carbon dioxide from the atmosphere. The Advertising Code …

Bloomberg Vietnam Airlines JSC is pushing ahead with plans to start its first flights to the US in late October even as it seeks to mitigate losses from the virtual suspension of operations during the nation’s worst coronavirus outbreak. The carrier will use either Boeing Co 787 or Airbus SE A350 aircraft for its inaugural US route — Ho Chi …