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BP

Study: Fresh data highlights 'widening gulf' between oil and gas companies and climate science

Climate change

Study: Fresh data highlights 'widening gulf' between oil and gas companies and climate science

New Carbon Tracker report warns fossil fuel firms are moving further away from alignment with the goals of the Paris Agreement

clock 08 April 2025 • 5 min read
 Carbon Majors: Half of global fossil fuel emissions linked to just 36 firms

Climate change

Carbon Majors: Half of global fossil fuel emissions linked to just 36 firms

New data reveals overall emissions from world's largest oil, gas, coal, and cement producers increased in 2023

clock 05 March 2025 • 5 min read
BP confirms fossil fuel 'reset' and deep cuts to renewables funding

Investment

BP confirms fossil fuel 'reset' and deep cuts to renewables funding

Energy giant to increase oil and gas investment to around $10bn a year, while deploying a 'very selective' approach to energy transition funding

clock 26 February 2025 • 6 min read
Reports: BP to drop renewables target as part of fossil fuel 'reset'

Energy

Reports: BP to drop renewables target as part of fossil fuel 'reset'

Oil and gas giant poised to scrap plans to increase renewable energy generation 20-fold this decade, Reuters reports

clock 25 February 2025 • 6 min read
'A top five wind developer globally': BP and JERA to form offshore wind joint venture

Wind

'A top five wind developer globally': BP and JERA to form offshore wind joint venture

New 50:50 joint venture to be backed by up to $5.8bn of investment through to 2030

clock 09 December 2024 • 3 min read
Oil and gas giants invest £600,000 in new Aberdeen Centre for Energy Transition

Investment

Oil and gas giants invest £600,000 in new Aberdeen Centre for Energy Transition

BP, Chevron, ExxonMobil, Equinor, Shell, and TotalEnergies among those funding industry-backed scheme to accelerate efforts to curb emissions from oil and gas projects

clock 02 September 2024 • 4 min read
BP confirms work set to start on Aberdeen Hydrogen Hub

Infrastructure

BP confirms work set to start on Aberdeen Hydrogen Hub

Final investment decision reached for major hydrogen project, just days after Essar Energy Transition moves forward with plans for hydrogen-ready combined heat and power plant

clock 17 July 2024 • 3 min read
Is the world ready to move into an 'energy substitution' phase?

Energy

Is the world ready to move into an 'energy substitution' phase?

BP analysis estimates that oil demand is set to peak in 2025, but it also warns that clean energy additions are still being outpaced by energy demand, leaving the door open for long term fossil fuel use

clock 11 July 2024 • 6 min read
Global Briefing: World's largest nuclear fusion project hit by decade-long delay

Energy

Global Briefing: World's largest nuclear fusion project hit by decade-long delay

All the top green news from around the world, including Germany's new climate budget, Shell's decision to halt a major biofuel project, and Siemens Energy's expansion plan

clock 05 July 2024 • 7 min read
Reports: BP to slow planned renewables roll out

Energy

Reports: BP to slow planned renewables roll out

New CEO Murray Auchincloss expected to impose hiring freeze and shelve plans for additional offshore wind projects

clock 27 June 2024 • 3 min read
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