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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 28, 20253 min read
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
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
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
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
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
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
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
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
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
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
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
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
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
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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