BP

While oil and gas are not alone in struggling in the economic slump, the reality of the climate crisis is starting to bite, analysts say.

BP has announced it has sold its global petrochemicals business to INEOS as part of its strategy to reinvent the company.  Selling its global petrochemicals business to INEOS will help bp strengthen…

The coronavirus pandemic may have produced a tipping point in the transition off fossil fuels, with two colossal fossils declaring in the last two weeks that they will downgrade the value of their…

The share of coal in the world energy mix fell to its lowest level in 16 years dropping to 27 per cent in 2019, according to the latest edition of BP Statistical Review of World Energy 2020. “World…

With no plans to raise clean energy investment, demand will soon reach pre-crisis level. The world’s oil demand could climb at its fastest rate in the history of the market next year, and may reach…

Οι επικεφαλής των μεγαλύτερων πετρελαϊκών εταιρειών παγκοσμίως επιβεβαίωσαν την δέσμευσή τους να συνεχίσουν τον στρατηγικό προσανατολισμό τους για την παραγωγή καθαρής ενέργειας και να βοηθήσουν στον…

MELBOURNE - BP Plc has won Australian government backing for a feasibility study into producing hydrogen using wind and solar power to split water and converting the hydrogen to ammonia in Western…

Claims by oil and gas companies that they are curbing their carbon emissions in line with net zero targets are overstated, according to a new review. The independent analysis of six large European…

A coalition of 40 global businesses – including energy majors such as BP, Iberdrola, Orsted, and Shell – have called on governments to support “a massive wave of investments in renewable electricity…

Church Commissioners writes to fellow shareholders ahead of protest vote at oil giant’s AGM The Church of England’s investment arm has urged shareholders in ExxonMobil to vote against re-electing…

Two years after internal documents surfaced showing that Royal Dutch Shell, like ExxonMobil, knew about climate dangers decades ago, the oil giant r

“Deficit spending” widens as companies continue to borrow heavily and sell off assets

The 130-km-grid is slated to be completed in late 2022 to provide chemical and refinery clients with hydrogen. Oil major BP, German utility RWE, chemicals producer Evonik and gas grid operators have…

Big Oil had just announced overhauled long-term strategies to soothe investor concerns about climate change and become part of the solution in the energy transition—and then came the big oil price…

• Research show gender diversity increases innovation levels. • The oil and gas sector is lagging on female representation, and other diversity measures.

Oil companies have set long term carbon emissions targets but the scale of their ambitions means near-term action is required  Like New Year’s resolutions, oil companies are promising to go on…

Azem Hoti, Engineering Recruitment Specialist at VHR Global Technical Recruitment, explores the extent to which the world is in the midst of an energy crisis. One area explored concerns Taiwan’s…

The science of renewable energy is remarkable—the ability to harness nature to magically power our modern world is a seductive vision. And yet, the actual business of renewable energy is late to…

With a bushfire calamity devastating Australia, the world’s “riskiest” and “most dangerous” glacier melting at an accelerating rate, and assorted other climate impacts worsening around the world, the…

The fossil-fuel companies know they’ll face increased social stigma unless they change Sometimes it has felt as if the rain might never stop.