ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s re-opening are dimming the outlook for […]
LONDON, Jan 24 (Reuters) – Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to […]
A former BP (LON: BP) chief executive has called for an end to “the demonisation of the fossil fuel industry by activists, politicians and the media”. In an op-ed in The Telegraph newspaper, Tony Hayward, who led the London-listed […]
bp announced today its 134MWdc (107MWac) Arche Solar project in Fulton County, Ohio is beginning construction, helping support the global transition to lower carbon energy. Arche is expected to create around 200 US jobs across the supply chain during […]
UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of […]
The traditional oil and gas facilities it bought in the Texas oil field were sending more greenhouse gases into the atmosphere than those of its Permian peers. Now, BP is upgrading those traditional well sites with more […]
A group of investors has tabled resolutions urging four of the world’s top oil and gas companies to set broad climate targets for 2030, reviving pressure on the sector after a year that saw governments […]
Oslo, Nov 11 (Reuters) – European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, […]
The British energy major posted underlying replacement cost profit, used as a proxy for net profit, of $8.2 billion for the three months through to the end of September. The world’s largest oil and gas […]
IEA’s WEO: Ukraine War and the energy crisis are speeding up the global energy transition. The fast-growing EV market is already causing bottlenecks in the supply of critical battery, and industrial metals. Since the IEA […]
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