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Shell to buy BP’s Shearwater stake

Bloomberg Royal Dutch Shell Plc said it plans to buy BP Plc’s stake in a North Sea field they share, superseding a deal agreed by the British oil major last month. “Shell UK Ltd has agreed to purchase BP’s interest in the Shearwater gas hub,” a spokesperson for the Anglo-Dutch company said, without disclosing terms. “The move reflects Shell’s strategy ...

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Is there any point in diplomacy with Putin?

In the wake of the meeting between Joe Biden and Vladimir Putin last week, British Defence Secretary Ben Wallace mooted the possibility of a summit between Boris Johnson and Putin — provided the Russian president ceases “malign activity.” France and Germany were hoping to resume Russia-EU summitry to reset relations with the bloc. The confrontation off the coast of Crimea ...

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Can US afford to lose automation race?

The US has traditionally been a nation of optimists about technology. But just when the world seems poised for a technologically-driven productivity boom, Americans have acquired a dour outlook about the march of progress. Growing fears that not everyone will share in the benefits is leading to resistance that threatens to hold the nation back. Recapturing the bold attitudes of ...

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