Inbrief

Six per cent of BP shareholders supported a motion at last month’s annual meeting asking the business to reconsider the viability of a planned $2.8billion (£1.83bn, €2.11bn) joint oil sands extraction project with the Canadian company Husky Energy. The resolution, which was the culmination of a concerted shareholder campaign against BP’s involvement in oil sands extraction in Canada, was backed by the FairPensions pressure group, Co-operative Asset Management and other global institutional investors.