Good afternoon and happy Thursday, readers! In today’s edition of Daily on Energy, oil and gas are leading the news as Callie ...
BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...
BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...
LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...
Russian tankers were responsible for a massive oil spill in the Black Sea. The result was a loss of aquatic life and animals ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP is increasing its investment in upstream oil and gas to $10 billion ...
BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...
It was more than 20 years ago that the then boss of BP reframed those famous initials as "Beyond Petroleum". It was the first tentative step in transforming the company from an oil and gas ...
Five years ago, BP’s previous chief executive Bernard Looney set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% by 2030, while significantly ...
BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas multinational announced on Wednesday. The firm said it would increase oil and ...