BP

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17 02 2021 | 09:43

Total 100GW renewables target to put oil giant in green power top league.

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…

12 02 2021 | 07:18

Government criticised for including big polluters in ‘Build Back Better Council’.

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…

08 02 2021 | 14:35

Big Oil Grabs New Generation of U.K. Offshore Wind.

(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…

01 02 2021 | 10:40

Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam.

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…

26 01 2021 | 07:08

Equinor and BP win New York solicitation.

Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date.

20 01 2021 | 09:44

Exxon Discloses Full Scope of Fuel Emissions for First Time.

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.

15 12 2020 | 07:39

Climate crisis: FTSE giants fail to disclose their carbon footprint.

BP, Glencore, Rolls-Royce, Just Eat and B&M among last eight firms yet to provide investors with information. BP, Glencore and Rolls-Royce are among eight FTSE 100 companies who have refused to…

09 11 2020 | 07:28

On the horizon: the end of oil and the beginnings of a low-carbon planet.

With demand and share prices dropping, Europe’s fossil fuel producers recognise that peak oil is probably now behind them. Ayear ago, only the most ardent climate optimists believed that the world’s…

05 11 2020 | 07:41

BP Signals Imminent Hydrogen and Offshore Wind Plays.

Potential investments in offshore wind and hydrogen are on the near-term horizon, says CEO Bernard Looney. BP is readying offshore wind bids during the next six months with heightened hydrogen…

24 10 2020 | 12:00

BP market value at 26-year low as investor confidence shaken.

Oil firm slumps to value of £40.5bn, well below that of offshore wind developer Orsted. BP’s market value has fallen below 200p a share for the first time since 1994 with investor faith in the…

05 10 2020 | 11:20

UK held private talks with fossil fuel firms about Glasgow Cop26.

Documents show BP, Shell and Equinor had several meetings with government officials. Fossil fuel firms have held a series of private meetings with UK government officials in an attempt to be part of…

30 09 2020 | 09:10

Revealed: BP And Shell Back Anti-Climate Lobby Groups Despite Pledges.

An Unearthed and HuffPost investigation identified at least eight trade associations the companies failed to disclose in transparency reports. Earlier this year, oil giants BP and Royal Dutch Shell…

27 09 2020 | 08:32

India to be largest source of energy demand growth: BP Energy Outlook.

Demand for oil is "broadly flat" even in the most bullish scenario as the energy transition shifts the world away from fossil fuels.

27 09 2020 | 08:10

Shell launches restructuring effort to prepare for energy transition.

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power…

23 09 2020 | 10:08

Young climate activists start own climate talks after Cop26 delay.

Mock Cop26 set up in frustration at lack of progress due to coronavirus crisis. Young climate activists have begun a parallel process to the UN climate crisis talks, in frustration at the lack of…

23 09 2020 | 10:03

BP energy outlook sees global fossil fuel demand falling for first time this year.

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand…

21 09 2020 | 10:11

Greener BP must do more than talk tough on the climate crisis.

A company steeped in oil and gas production may not find it easy to convince investors of its environmental credentials.

15 09 2020 | 10:30

Global oil demand may have passed peak, says BP energy report.

Oil will be replaced by clean electricity, BP predicts, as demand may never recover from Covid-19 pandemic. BP has called time on the world’s rising demand for fossil fuels after finding that demand…

11 09 2020 | 09:41

BP takes $1.1bn stake in offshore wind farms as it agrees Equinor deal.

Strategic partnership will seek to develop more wind farms off the coast of the US. BP has taken its first major step into the offshore wind industry with the purchase of a $1.1bn (£850m) stake in…

25 08 2020 | 09:25

Major investment firm dumps Exxon, Chevron and Rio Tinto stock.

Storebrand says corporate lobbying to undermine climate solutions is ‘unacceptable’. A Nordic hedge fund worth more than $90bn (£68.6bn) has dumped its stocks in some of the world’s biggest oil…