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German Gas Station brand Aral - EnergyNewsBeat.com
Electric Vehicles

VW, BP to Invest in Europe Car-Charging Network: Manager Magazine

March 14, 2021 Stu Turley

Volkswagen AG, BP Plc and the oil company’s German gas station brand Aral are planning to invest in an electric-car charging network in Europe, Germany’s Manager Magazin reported. Details are likely to be announced Monday […]

Shell -Shell -Energy News Beat
Crude Oil News

Shell UK head to lead low-carbon fuels. North Sea boss replaced

March 5, 2021 Stu Turley

According to a Reuters article, UK head Sinead Lynch will become Shell’s global head of low-carbon fuels. It is worth noting that the changes were announced internally. Lynch, who joined Shell company in 2016 following its acquisition of […]

Cedar Creek Wind Farm-Weld County - Co
Crude Oil News

BP Chasing Customers, Not Oil and Gas Reserves, Looney Says

March 2, 2021 Stu Turley

BP plc’s ambitious reinvention, to move from fossil fuels toward carbon-free resources, was launched only days before the world began to shut down last year, but instead of shelving the plans, the company doubled down […]

Leviathan and Tamar fields, which sit off Israel’s Mediterranean - Energy News Beat
Crude Oil News

Oil and Gas Industry ‘Demonized,’ Novatek Says: IP Week Update

February 23, 2021 Stu Turley

The heads of BP Plc, Total SE and Equinor ASA are among dozens of speakers convening for the annual International Petroleum Week conference, an event markedly different this year from previous gatherings. The industry’s flagship event in […]

BP chief executive Bernard Looney- Energy News Beat
ENB Pub Note

BP offers employees shares in rallying cry for low-carbon shift

February 17, 2021 Stu Turley

Energy News Beat Publishers Note: Like the idea of including employees in the future of BP. But if it won’t impact the bottom line, is it a good program for anyone? Oil major BP is […]

Rosneft -energynewsbeat.com
Fossil

Rosneft holds talks with global traders, India and China on Vostok Oil project which can compare to Bakken

February 13, 2021 Stu Turley

Vostok Oil is one of Russia’s biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil province over the past decade. Rosneft has held talks with international […]

Downstream

BP, Rosneft strike deal to work on energy transition projects

February 4, 2021 Stu Turley

Moscow — BP and Russian energy giant Rosneft signed a cooperation agreement Feb. 4 to work on joint energy transition projects, including low-carbon technologies and hydrogen, the companies said in a joint press release. Both companies […]

Earnings

Energy News Beat: 2/2/2021: Going “Greening”

February 2, 2021 Mariel Alumit

Broad markets rise as GameStop fury runs out (couldn’t quite hold the line), and big earnings dropping. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% “Inevitably, and as with any technically-driven short squeeze, the Reddit […]

Earnings

BP’s Weak Quarter Shows Big Oil Has Barely Begun Covid Recovery

February 2, 2021 Stu Turley

BP Plc offered more evidence that Big Oil has barely begun to heal the wounds from last year’s historic slump. The Western world’s largest energy producers were supposed to be sailing into the fourth-quarter earnings season […]

BP chief executive Bernard Looney- Energy News Beat
International News

BP CEO Looney: ‘We’re not yet green, but we’re greening’ We’re committed because it’s the right thing to do for the world – Shareholders?

February 2, 2021 Stu Turley

BP chief executive Bernard Looney said today that he would “emphatically” put value over volume when making low-carbon acquisitions. Responding to shareholder concerns, Mr Looney stressed BP wouldn’t do deals for renewable energy technologies and projects if […]

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