BP

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26 08 2021 | 07:35

BP announces project for blue hydrogen production facility to be completed by 2030

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…

18 08 2021 | 11:11

Carbon offset programs of companies like Microsoft, BP go up in smoke as wildfires decimate forests

"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…

25 06 2021 | 10:33

BP Gas Project Threatens Unique African Biodiversity Hotspot.

A BP fossil-fuel project could threaten a unique biodiversity hotspot and worsen the climate crisis, a new investigation from Unearthed and 

22 06 2021 | 09:51

BP is planning to drill for fossil gas on edge of world’s largest cold-water coral reef.

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.

15 06 2021 | 11:06

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel.

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…

05 06 2021 | 10:06

Big oil companies are driven by profit – they won’t turn green by themselves.

Renewables are getting cheaper, but fossil fuels are still more lucrative. To reach net zero, we’ll need radical intervention.

01 06 2021 | 17:07

‘Black Wednesday’ for big oil as courtrooms and boardrooms turn on industry.

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…

01 06 2021 | 09:59

Greece adds gloss as Lightsource BP cracks second new solar market in a week.

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…

25 05 2021 | 13:20

BP shareholders reject proposals to reduce climate emissions.

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…

04 05 2021 | 10:27

Shell and BP bounce back into profit even as oil’s glory days fade.

Covid dealt fossil fuel giants a heavy blow, but demand is lifting revenues again in a last hurrah before decarbonisation.

29 03 2021 | 09:54

BP board wants shareholders to vote against Paris Agreement climate resolution.

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…

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…

04 02 2021 | 09:12

Οικονομική καταστροφή για τις πετρελαϊκές το 2020 υπό το βάρος της πανδημίας - Πρώτη φορά ζημιές στο έτος για Exxon και BP.

Η πανδημία επέδρασε με ιδιαίτερα καταστροφικό τρόπο στην περίπτωση του κλάδου του πετρελαίου, γεγονός που αποτυπώθηκε και στα οικονομικά των μεγάλων πετρελαϊκών αυτή την εβδομάδα. Σύμφωνα με την FT…

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…