BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG growth. U.S. supermajors stayed […]
Weekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is […]
BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In […]
Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a potential resurgence of […]
Shell is considering a potential delisting from the London Stock Exchange, which could have significant implications for BP’s future. BP is facing investor pressure for strategic changes and may be open to a merger, with […]
Stonepeak’s Seapeak said in its results report that the vessel in question is the 2018-built 174,000-cbm, Seapeak Glasgow, which is currently on charter to BP Gas Marketing. “In February 2025, the charterer exercised its option […]
ENB Pub Note: Excellent article from Oilprice.com. Felicity points out some outstanding points about the 36 companies that are the world’s biggest carbon emissions producers. What is missing from this discussion is the definition of […]
Despite Big Oil funding green energy, BP, Shell, and others are scaling back wind and solar investments, signaling a shift toward traditional energy. For years, groups like the Heartland Institute, CFACT, and other climate and energy […]
Despite media whining, oil giants are dumping renewables and net-zero goals in favor of profitable oil and gas. Rigzone and The Telegraph, among other outlets, are reporting that many major energy companies are tempering net-zero […]
UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]
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