Oil companies are partying like it’s 2008. As during the global financial crisis that took hold that year, economies face the prospect of deep recessions but oil companies are reaping record profits…
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Wind and solar accounted for a 10.2% share of power generation in 2021, the first time these technologies have provided more than 10% of global power, whilst also surpassing nuclear…
Firms defend paying no corporation tax after government handed out billions to energy giants.
Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid…
BP has announced that the clean hydrogen facility in Teesside (H2Teesside) will be completed by 2030.
The proposed project in Teesside plans to produce up to 1GW of blue hydrogen, 20% of the UK’s…
"We’ve bought forest offsets that are now burning,’ says Microsoft’s carbon program manager
Forests purchased by major corporations in an effort to offset their carbon emissions are burning as the…
Exclusive: Oil giant’s plan to drill off west coast of Africa could raise the risk of biodiversity loss, further global heating and toxic fuel spills, an investigation reveals.
National oil champions are likely to fill the gap left by private-sector players—meaning emissions won't shrink as fast as the supermajors.
When Exxon Mobil Corp. decided to get out of a big oil…
Campaigners sense turning point as shareholders, boards and The Hague act to force Chevron, ExxonMobil and Shell to cut pollution.
The world’s patience with the fossil fuel industry is wearing thin…
Joint venture co-owned by supermajor links with local player and takes big share of spoils in Greek government renewable energy auction
Lightsource BP – the solar developer half-owned by oil…
Just 21% in favour of resolution by activist investors proposing tougher emissions targets.
BP shareholders have voted down proposals for tougher emissions targets, which aims to limit global…
LONDON (Bloomberg) --BP’s board urged shareholders to reject a climate resolution filed by Dutch activist investor Follow This, despite pledging to work with the group last year to draft such a…
Supermajor confirms figure is now official 2030 goal as it accelerates pace of wind and solar activity.
Total aims to have developed almost 100GW of renewables capacity by 2030, a target that would…
BP, Heathrow and Jaguar Land Rover are among the companies represented in new business council launched by Boris Johnson.
The government is facing criticism for including big polluters over green…
(Bloomberg) — Oil majors are poised to develop the next generation of major British offshore wind farms after BP Plc and Total SE won contracts in an auction ahead of many of the utilities that have…
Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks
Rating agency S&P has warned 13 oil and gas companies, including the some of the world’s…
Exxon Mobil Corp. disclosed emissions data on customers’ use of its fuels and other products for the first time after coming under pressure from investors.
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