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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 ...

One of the most disturbing aspects of the terrorist atrocity at Kabul’s airport is the reaction it failed to arouse. This act of stunning depravity should have reminded Americans that what they have in common as civilised people is much more important than what divides them. There’s little sign it did. The anniversary of the 9/11 attacks is approaching, and ...

In an industry facing its biggest crisis since the dawn of jet aviation, Qantas Airways has been having rather a good pandemic. It’s the return to normalcy it needs to worry about. Shares rose 3.5% last week, the biggest increase in a year, in spite of the announcement of a A$1.83 billion ($1.33 billion) annual loss. One reason for the ...

T-Mobile US Inc, the nation’s fastest-growing wireless carrier, has been working for years to shed its image as a discount you-get-what-you-pay-for service. But the revelation that lax security allowed a hacker to infiltrate and potentially sell personal data on some 50 million T-Mobile customers is just the latest incident in recent weeks that may damage a hard-fought reputation as the ...

After making great strides in promoting renewable energy, India is once again being singled out as a global climate laggard. Its negotiators blocked agreement on tackling emissions at the G-20 meeting in Naples earlier this year, publishing an eye-catching dissent calling for the group to focus on bringing down high per-capita emissions in rich countries. India later skipped a ministerial ...

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 ...

Bloomberg British Airways (BA) is prepared to bring back short-haul flights at London Gatwick airport that were terminated at the start of the coronavirus crisis, if unions back the formation of a new unit with less costly contracts. The end of furlough support from the UK government combined with lingering travel curbs means the restoration of European flights at Gatwick ...

Bloomberg India lifted its ban on Boeing Co’s 737 Max jet, a major boost to the American planemaker that leaves China as the only leading aviation market yet to allow the aircraft to resume service. India’s decision comes after it observed “no untoward reporting” on jets already flying since 17 global regulators allowed it to resume flights, the Directorate General ...

Bloomberg Air New Zealand posted its second straight annual loss and suspended earnings guidance as the South Pacific nation grapples with a coronavirus outbreak that’s prompted a strict lockdown. The airline announced a loss before significant items and tax of NZ$440 million ($307 million) for the year ended on June 30, its first full 12-month period of operation with Covid-19 ...