The world’s oil giants had themselves a great year in 2022. According to recent earnings reports, ExxonMobil made record annual profits, and Chevron saw net profits double — and that’s just the American companies. The bonanza […]
Energy major, Shell, through its unit Shell Petroleum, has completed the acquisition of Europe’s largest producer of renewable natural gas (RNG), Nature Energy Biogas. Shell has acquired Nature Energy’s portfolio of operating plants, associated feedstock […]
When Bernard Looney became oil major BP’s CEO in 2020, his vocal interest in how the company could transition towards a low-carbon future inspired hope that he would be a driving force in realising BP’s 20-year ambition […]
BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022. BP and Shell have pledged to spend £18bn and £25bn respectively over the current decade on domestic low and zero-carbon energy […]
Authored by John Seiler via The Epoch Times, One of the great reasons to read The Epoch Times is to counter the nonsense on California perpetrated every day by the Los Angeles Times, which is […]
Nigeria, like many African countries, is at a crossroads. Although endowed with immense natural resources, energy access, and security remain primary concerns even as the debate for energy transition creates more worries. With a debt […]
LITTLETON, Colo., Feb 9 (Reuters) – This weekend’s Super Bowl is the annual showpiece for American football’s top professional teams, and marks the end of the fantasy league season where amateur fans select their own […]
After advertising its efforts to produce environmentally friendly fuels from algae for over a decade, Exxon Mobil Corp. is now quietly walking away from its most heavily publicized climate solution. Exxon has slashed its support for Viridos Inc., […]
BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s invasion of Ukraine boosted prices and delivered record profits. While the British company said […]
Some of the world’s largest oil and gas companies have declared the highest-ever profits since people started using petroleum, rewarding shareholders with higher dividends and share buybacks while spending relatively little of it on renewable […]
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