"Irreversible decline": How EVs and renewables could soon kill off a huge chunk of oil demand

Renewables and EVs on course to replace 40 per cent of demand for oil in next 25 years, according to new BNP Paribas analysis
Oil companies are engaged in a "race against time" to guard against a huge 40 per cent chunk of their business disappearing over the next 25 years, as declining renewables costs and rising demand for electric...
More news
One trillion dollars: Green finance wave builds as investors look to bolster net zero pledges
Bank of America, BlackRock, and Amundi deliver latest landmark green finance moves, as reports suggest leading banks are poised to beef up their decarbonisation strategies
Stena Bulk targets net zero shipping fleet and cargo by 2050
Swedish tanker shipping giant sets out roadmap to decarbonise its fleet, as it steps up focus on zero emissions technologies and carbon neutral fuels
Morrisons to axe plastic bags from stores nationwide
Supermarket announces it will gradually phase out 'bags for life' from all its stores over the coming year