'We will not bend to the will of activists': As BP profits soar, government doubles down on oil and gas expansion plans

James Murray
clock • 11 min read
'We will not bend to the will of activists': As BP profits soar, government doubles down on oil and gas expansion plans

The government is urging the oil and gas industry to ramp up investment in the 'clean energy technologies of the future', but can increased production really become compatible with net zero goals?

The UK government is committed to achieving net zero emissions and clean technologies are more popular and competitive than ever, and yet the immediate outlook has rarely been brighter for the oil and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Allego powers up €100m ultra-fast charging investment plan

Allego powers up €100m ultra-fast charging investment plan

European charging network giant reveals plans to deliver up 1,400 new charge points in the UK by 2030

James Murray
clock 31 July 2026 • 3 min read
Ofgem considers new fees to stop data centre developers clogging up grid connection queue

Ofgem considers new fees to stop data centre developers clogging up grid connection queue

Data centre developers could be required to pay hefty deposits to secure their place in the queue for a connection to Britain's power grid, Ofgem has announced

Michael Holder
clock 29 July 2026 • 3 min read
Global battery energy storage capacity tipped to rise six-fold by 2030

Global battery energy storage capacity tipped to rise six-fold by 2030

GlobalData forecasts compound annual growth rate of 42 per cent through to the end of the decade, as demand for flexible grid services soars

James Murray
clock 27 July 2026 • 4 min read