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HomeBP

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diversity
Crude Oil News

Company execs used to trumpet their diversity and climate efforts. Now not so much

June 15, 2023 Mariel Alumit

New YorkCNN —  Just three years ago, diversity and sustainability were big talking points for executives at many big companies, and ESG funds — investments that evaluate stocks using environmental, social and governance factors — were riding the […]

Energy
Big Oil Companies

A Common Sense Approach to the Energy Transition

June 13, 2023 Mariel Alumit

Solving the global energy trilemma – the need for secure, affordable, and low-carbon energy – will require fossil fuels and clean energy for years to come. Investment products rarely comingle fossil fuel and new energy […]

Oil
Big Oil Companies

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023 Mariel Alumit

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]

Europe
Big Oil Companies

Europe’s Oil Majors Will Struggle to Take On US Peers

May 5, 2023 Mariel Alumit

Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Senior Reporter Kevin Crowley looks at the key reasons why Europe’s oil majors trade so far below their US counterparts. To get this newsletter […]

OPEC
Big Oil Companies

OPEC Stuns the World and Slashes Production: 7 ‘Strong Buy’ Dividend Mega-Cap Energy Leaders to Buy Now

April 7, 2023 Mariel Alumit

After catching some decent inflation data last week, the Federal Reserve probably could have had a better start to this week than receiving the news that OPEC in a very surprising move cut oil production […]

Aker
Crude Oil News

Aker BP gearing up to spin the drill bit off Norway

April 6, 2023 Mariel Alumit

Norwegian oil and gas player Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the Norwegian Sea. The drilling work is expected to be carried out using one […]

Big Oil Companies

Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil and gas lease sale

March 31, 2023 Mariel Alumit

Home Fossil Energy Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale The U.S. government agency Bureau of Ocean Energy Management (BOEM) has held an oil and […]

BP
Big Oil Companies

BP Stock Jumped 20% After Trimming Climate Targets — A Black Eye For ESG Investing?

March 23, 2023 Mariel Alumit

In early February, BP (BP), the London-based oil major that for decades prioritized sustainable, climate-friendly energy initiatives, announced it would dial down aggressive renewables and emission-reduction targets in order to refocus on oil and gas production. The […]

Big Oil Companies

Investors Start To Realize The Energy Transition Will Take Decades

March 10, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Everyone in the oil and gas industry is now talking about decarbonization and net-zero emissions. Energy security and affordability have made their way to the top of the agenda. […]

BP
Big Oil Companies

Opinion: BP’s Beyond Petroleum rolls back climate ambitions, sends …

March 5, 2023 Mariel Alumit

BP, the former British Petroleum, desperately wants to be a good environmental citizen – but not just yet. Last month, the company rolled back its climate ambitions. Shareholders who love oil-soaked profits sent BP BP-N shares soaring. Shell SHEL-N, […]

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