Call it a $1 billion mistake. BP said Tuesday it wrote down the value of its U.S. offshore wind business by $1.1 billion last year, cementing a strategic shift for the British petroleum giant as […]
Daily Standup Top Stories Biden Makes Coal Great Again As Exports Soar To India February 6, 2024 Stu Turley US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of […]
Maersk Supply Service Equinor and BP have agreed to separately pursue their joint offshore wind projects in the US through a swap transaction under which the Norwegian oil and gas giant will take full ownership […]
BP Plc appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor. The decision ends a period of uncertainty for the London-based oil major, though Auchincloss — who has […]
Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with […]
Yahoo Finance (Bloomberg) — BP Plc’s former Chief Executive Officer Bernard Looney will forfeit as much as £32.4 million ($40.6 million) in pay after resigning in September because he lied about his personal relationships with […]
A unit of UK-based energy giant BP is joining forces with Indonesian firm AKR Corporindo to develop a regasification terminal in Indonesia’s East Java. According to statement by AKR, the distributor of petroleum and basic […]
Nasdaq LONDON – BP’s search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board’s probe into whether previous CEO Bernard Looney breached […]
Daily Standup Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down — […]
ENB Pub Note: As we move closer to 2024, things will become more apparent and painful. World organizations like the IEA have agendas contrary to humanity’s best interests. The IEA is working with the WHO, […]
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