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 […]
The collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. Big oil firms are expected to earn less than in the blockbuster quarter that was […]
ENB Pub Note: Sources; Bloomberg, CNBC, Reuters, EDGAR. An interesting week coming around the corner. Tax Credits and investor sentiment drive decisions to invest in renewable energy rather than increase drilling programs. The short answer […]
ccelerates bioenergy growth Acquisition of a leading US renewable natural gas (RNG) producer will accelerate growth of bp’s strategic bioenergy transition growth engine Operates 50 RNG and landfill gas-to-energy facilities across US, with development pipeline […]
BP’s peak oil demand prediction in 2020 turned out to be wrong. A relatively large number of forecasts don’t see peak oil happening within the next few decades. Advancements in ICE engines and increased fuel […]
(Reuters) bp plans to restore power to a repaired electrical system at its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery within two to three days, sources familiar with plant operations said on Monday. Repair crews have […]
Oil and gas company Aker BP will invest over $15 billion in development projects on the Norwegian continental shelf over the next five to six years. According to Aker BP, the projects operated by the […]
The ESG investment trend in private equity remains strong in 2022. PE Investors are concerned about the long term profitability of oil and gas portfolios. As oil and gas prices soared over the past year, […]
BP Plc is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy toward renewable energy and a challenging political climate in the energy sector in the country. […]
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