@lc_hurst profile picture
Laura Hurst @lc_hurst
Joined June 2013
  • Tweets 370
  • Following 289
  • Followers 702
6 Photos and videos
Laura Hurst retweeted
John Ainger@johnainger
30 Apr 2024
Some Exxon Mobil trading staff protested outside the oil giant’s Brussels office over a decision to move the trading floor to London, which they say will result in job cuts if they don’t agree to the new assignments bloomberg.com/news/articles/… w/ @lc_hurst

Exxon Oil Traders in Belgium Protest Move to London

Some Exxon Mobil Corp. trading staff protested outside the oil giant’s Brussels office Tuesday over a decision by the company to move the trading floor to London, which they say will result in job...

bloomberg.com
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Laura Hurst retweeted
Bloomberg Markets
@markets
19 Jan 2024
BP’s battle with retired employees over the impact of inflation on their pensions drew the attention of Westminster this week, an escalation in the long-running dispute linked to the UK’s cost of living crisis trib.al/4zailVD
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Laura Hurst retweeted
Nayla Razzouk@nayrazz
17 Jan 2024
READ: BP names Murray Auchincloss CEO, four months after Looney shock resignation *He favored clean energy & plan to keep oil/gas output flat for rest of decade -- triggering mixed reception from investors as BP shares lagged rivals bloomberg.com/news/articles/… @markets @lc_hurst

BP Confirms Auchincloss as New CEO After Predecessor’s Scandal

BP Plc appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor.

bloomberg.com
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Laura Hurst retweeted
Bloomberg Asia
@BloombergAsia
8 Jan 2024
Shell's huge gas-trading business is set to bolster earnings again, but it's not an entirely rosy picture, writes @lc_hurst trib.al/S97E8m7

Shell Earnings Hard to Call as Trading Soars — and Stumbles

Things are looking good for gas, but trading in chemicals and oil products is seen ‘significantly lower.’

bloomberg.com
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Laura Hurst@lc_hurst
13 Dec 2023
Exxon is catching up with competitors and will start paying cash bonuses to traders from the end of next year as it looks to expand trading ops. With @Devikakrishnak @JWittels @CrowleyKev bloomberg.com/news/articles/…

Exxon Will Pay Some Oil Traders Cash Bonuses in Expansion Plan

Exxon Mobil Corp. introduced a new compensation policy that would pay some traders cash bonuses, a significant change within the US energy giant as it looks to expand its trading operations.

bloomberg.com
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Laura Hurst retweeted
Christoph Rauwald@Rauwald
24 Nov 2023
Replying to @ADNOCGroup
@ADNOCGroup is exploring a potential acquisition of Wintershall Dea, the European energy explorer backed by @BASF bloomberg.com/news/articles/… @BloombergDeals @DNair5 @eyk_henning @lc_hurst Vinicy Chan @BloombergDeals

Adnoc Is Said to Mull Acquisition of BASF’s Wintershall Dea Unit

Abu Dhabi National Oil Co. is exploring a potential acquisition of Wintershall Dea, the European energy explorer backed by BASF SE, people with knowledge of the matter said.

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Laura Hurst retweeted
Zoe Schneeweiss@ZSchneeweiss
21 Nov 2023
The amount of money spent on dismantling aging North Sea oil and gas infrastructure could overtake capital expenditure by 2040, according to the sector’s leading UK trade group bloomberg.com/news/articles/… via @lc_hurst
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Laura Hurst@lc_hurst
20 Nov 2023
Shell paid net corporate income tax in the UK for the first time in last year since at least 2018 after the government introduced an oil and gas windfall tax. bloomberg.com/news/articles/…

Shell Paid Net UK Taxes for First Time in Years on Windfall Levy

Shell Plc paid net corporate taxes in the UK in 2022 for the first time in at least four years after the government introduced an oil and gas windfall levy.

bloomberg.com
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BP head of gas and low carbon says US offshore wind "fundamentally broken" but says issues can still be fixed: bloomberg.com/news/articles/…

BP Says US Offshore Wind Industry Fundamentally Broken

The US offshore wind industry is “fundamentally broken” due to cost pressures and permitting delays, according to a top executive at BP Plc.

bloomberg.com
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Laura Hurst@lc_hurst
28 Oct 2023
BP interim boss Murray Auchincloss is going into quarterly results next week for the first time since Bernard Looney's abrupt resignation last month bloomberg.com/news/articles/…

BP’s Tumultuous Quarter Brings a Quiet Canadian Into Spotlight

Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer.

bloomberg.com
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Laura Hurst@lc_hurst
24 Oct 2023
Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their deal-making US peers remains stubbornly wide. With @CrowleyKev bloomberg.com/news/articles/…

US Oil Majors Stay Ahead of Europe as Deals Beat Strategy Pivot

Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking US peers remains stubbornly wide.

bloomberg.com
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Laura Hurst@lc_hurst
23 Oct 2023
Another week, another oil megadeal. Chevron agrees to buy Hess for $53 billion: bloomberg.com/news/articles/… via @markets

Chevron to Buy Hess for $53 Billion in Latest Oil Megadeal

Chevron Corp. agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets on an enduring future for fossil fuels.

bloomberg.com
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Laura Hurst@lc_hurst
29 Sep 2023
Only 2 weeks after Bernard Looney's shock departure, BP has lost another exec - David Lawler president of BP America and CEO of BPX has stepped down to pursue new opportunities: bloomberg.com/news/articles/…

Another BP Executive Departs With US Head Resigning

BP Plc.’s US president David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned.

bloomberg.com
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Laura Hurst@lc_hurst
29 Sep 2023
Only two weeks after Bernard Looney's abrupt departure from BP, the company has lost another high-profile employee - David Lawler, president and chairman of BP Americas and head of its US shale business BPX Energy.
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Laura Hurst@lc_hurst
29 Sep 2023
Lawler is replaced by Orlando Alvarez as chairman and president of BP America and Kyle Koontz as CEO of BPX
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Laura Hurst@lc_hurst
29 Sep 2023
Ithaca Energy is awaiting the outcome of a fiscal review in the UK before committing to the development of the controversial Cambo oil field in the North Sea, chairman says bloomberg.com/news/articles/…

Cambo Oil Field Revival Hinges on UK Fiscal Review, Ithaca Says

Ithaca Energy Plc is awaiting the outcome of a fiscal review in the UK before committing to the development of the controversial Cambo oil field in the North Sea.

bloomberg.com
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Laura Hurst@lc_hurst
29 Sep 2023
The company is looking for a partner for the development after it acquired Shell's stake in the project, Ithaca said
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Laura Hurst@lc_hurst
27 Sep 2023
The UK’s controversial Rosebank oil and gas field has received the go-ahead, despite objections from climate groups and pressure on the government to block the development bloomberg.com/news/articles/…

Controversial Rosebank Oil Field Gets the Go-Ahead

The UK’s controversial Rosebank oil and gas field has received the go-ahead, despite objections from climate groups and pressure on the government to block the development.

bloomberg.com
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Laura Hurst@lc_hurst
27 Sep 2023
The government says that Rosebank will boost domestic energy security. But what will it really mean in practical terms? bloomberg.com/news/articles/…

Does UK’s Approval of New Rosebank North Sea Oil Field Boost Energy Security?

The controversial Rosebank oil and gas field in the UK North Sea got the go-ahead on Wednesday, despite demands from environmental groups that the country should show climate leadership by blocking...

bloomberg.com
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Laura Hurst retweeted
Javier Blas
@JavierBlas
25 Sep 2023
British energy major Shell is cancelling its traditional "media briefing" that allowed journalists to ask on-the-record questions to its CEO/CFO each quarter. Shell blames logistical issues. Media access provides transparency, and that benefits shareholders and society. #OOTT
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