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BP Announces $10 Billion Surge in Fossil Fuel Investment Amid Strategy Reset
BP , the global energy giant, has announced a dramatic pivot in its investment strategy. It will prioritize oil and gas expansion while...
Feb 283 min read
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BP and JERA Join Forces in $5.8B Offshore Wind Venture
Image Credit: BP BP and JERA have announced the formation of a standalone joint venture, JERA Nex BP , combining their offshore wind...
Dec 10, 20242 min read
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Oil and Gas Titans Pledge £600,000 to Power Aberdeen's New Centre for Energy Transition
Some of the world's largest oil and gas companies, including BP , Chevron , ExxonMobil , Equinor , Shell , and TotalEnergies , have...
Sep 2, 20243 min read
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Co-op's Monumental 15-Year Solar Accord Illuminates a Greener Tomorrow
Image Credit: Voltalia In a groundbreaking 15-year partnership, Co-op and Voltalia have forged an agreement poised to redefine their...
Nov 25, 20233 min read
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UK Council Pension Funds Pouring £4 Bn into Companies Expanding North Sea Oil and Gas Production
In a startling revelation, it has come to light that local government pension funds in the UK have poured over £4 billion into companies...
Oct 24, 20233 min read
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OGCI's Oil Titans Boost Low-Carbon Investment to $23 Billion
In a recent announcement that's stirring both applause and scepticism, the Oil and Gas Climate Initiative (OGCI)—a conglomerate of some...
Oct 19, 20233 min read
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BP Invests $12.5m in a green hydrogen specialist Advanced Ionics
Advanced Ionics, a producer of green hydrogen electrolyzers, has obtained $12.5 million in funding from a round of investments led by BP...
Aug 16, 20232 min read
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BP announces plans for UK's largest hydrogen production facility
BP has announced plans to build the UK’s largest blue hydrogen production facility in Teesside generating 1/5 of UK's targeted production
Mar 22, 20212 min read
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North Sea oil rigs cause a "coal plant" worth of preventable emissions
Research just published by Greenpeace reveals that North Sea oil and gas rigs release as much CO2 as a coal-fuelled power plant each year
Feb 2, 20212 min read
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Focus on investors as new list shows 50 most impactful climate VC investors
New listing to show the 50 most impactful climate VC investors
Jan 19, 20213 min read
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Government funding to help industrial clusters reach net zero carbon by 2040
UKRI will fund 6 industrial clusters - South Wales, West Midlands, Tees Valley, North West, Humber and Scotland - to reach net zero by 2040
Jan 6, 20212 min read
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New consortium will use the North Sea to oil the wheels of decarbonisation
Northern Endurance Partnership - consortium of energy companies - to assist decarbonisation of industrialised zone
Oct 28, 20202 min read
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BP report suggests that global oil demand may have already peaked
BP hint that peak oil demand may have already been reached
Sep 14, 20202 min read
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BP acquires $1.1bn stake in Equinor's US offshore wind projects
BP have acquired a $1.1bn stake in two US offshore wind projects with Equinor continuing their divestment from fossil fuels
Sep 10, 20202 min read
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Beyond Petroleum? BP to transition to low-carbon energy
BP is to transition from an international oil company to an integrated energy company and reduce fossil fuel output by 40% by 2030
Aug 5, 20202 min read
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