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  • Hot topics
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BP

BP unveils plans for 1GW blue hydrogen production facility in Tees Valley
BP unveils plans for 1GW blue hydrogen production facility in Tees Valley

Oil major announces intention to build major hydrogen plant just days after government grants funding for carbon transportation and storage network in region

  • CCS
  • 19 March 2021
Burning ambition or crude awakening? How investors view oil giants' growing interest in renewables
Burning ambition or crude awakening? How investors view oil giants' growing interest in renewables

Tie-ups look set to become a leading trend as oil and gas companies scramble for a piece of the zero carbon pie

  • Investment
  • 01 March 2021
BP and Chevron back geothermal pioneer Eavor Technologies in $40m funding round
BP and Chevron back geothermal pioneer Eavor Technologies in $40m funding round

Company hails boost for plans to bring down the cost of clean, dispatchable power to a 'universally competitive level'

  • Infrastructure
  • 18 February 2021
BP, Total, RWE and others hoover up 8GW of UK offshore wind leases
BP, Total, RWE and others hoover up 8GW of UK offshore wind leases

The Crown Estate calls bids for 8GW of seabed rights 'major vote of confidence in UK's green economy and net zero ambitions'

  • Wind
  • 08 February 2021
North Sea oil and gas emissions data prompts calls for flaring ban
North Sea oil and gas emissions data prompts calls for flaring ban

Flaring and venting of gas in the North Sea released nearly 20 million tonnes of CO2 equivalent between 2015 and 2019, data obtained by Greenpeace shows

  • Energy
  • 01 February 2021
Air taxis and hydrogen flights: Government announces £85m R&D boost for green aviation projects
Air taxis and hydrogen flights: Government announces £85m R&D boost for green aviation projects

New R&D funding awards confirmed, as BP and Quantas ink fresh net zero emission partnership

  • Aviation
  • 28 January 2021
Shell swoops to acquire UK's largest electric vehicle charging network Ubitricity
Shell swoops to acquire UK's largest electric vehicle charging network Ubitricity

Acquisition would see Shell add Ubitricity's 2,700 on-street EV charge points in the UK to its broader network of forecourt and motorway service station charging infrastructure

  • Transport
  • 25 January 2021
BP snaps up majority stake in US forest offset firm Finite Carbon
BP snaps up majority stake in US forest offset firm Finite Carbon

Oil and gas giant ramps up investment in USA's largest carbon offset developer, as it increases focus on natural climate solutions in support of its net zero targets

  • Offsets
  • 16 December 2020
Oil and gas majors claim progress against greenhouse gas goals
Oil and gas majors claim progress against greenhouse gas goals

Oil and Gas Climate Initiative (OGCI) releases annual progress report detailing efforts to cut methane emissions and step up clean tech investment

  • Energy
  • 03 December 2020
BP, Eni, Equinor, Shell and Total lodge bid for North Sea CO2 storage pipeline
BP, Eni, Equinor, Shell and Total lodge bid for North Sea CO2 storage pipeline

Four oil and gas majors form alliance with National Grid in bid for government funding for project to transport and store industrial CO2 under the seabed

  • CCS
  • 27 October 2020
Oil giants fund research into mobile carbon capture from ships at sea
Oil giants fund research into mobile carbon capture from ships at sea

Oil and Gas Climate Initiative (OGCI) teams up with tanker operator Stena Bulk to evaluate potential of capturing CO2 from shipping

  • Shipping
  • 19 October 2020
Stranded assets: Report warns US oil majors are lagging European rivals in clean energy transition
Stranded assets: Report warns US oil majors are lagging European rivals in clean energy transition

Latest study from Carbon Tracker shows that while US firms are particularly exposed, all oil and gas firms would face massive stranded asset risk in the event of a successful energy transition

  • Energy
  • 09 October 2020
Total sketches first stages of plan to become low-carbon power producer
Total sketches first stages of plan to become low-carbon power producer

The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue

  • Energy
  • 02 October 2020
Shell inks deal with Neste to boost supply of biofuels for aviation
Shell inks deal with Neste to boost supply of biofuels for aviation

The deal follows a similar supply agreement for renewable jet biodiesel between Neste and rival oil giant BP last month

  • Aviation
  • 23 September 2020
Peak oil? Five lessons from BP's landmark Energy Outlook
Peak oil? Five lessons from BP's landmark Energy Outlook

BP's Energy Outlook 2020 sketches three possible pathways for the global energy system to follow to 2050, from 'net-zero' to 'business as usual'

  • Energy
  • 14 September 2020
BP and Equinor team up for multi-billion dollar US offshore wind push
BP and Equinor team up for multi-billion dollar US offshore wind push

BP makes first major move in support of new net zero emissions strategy, with $1.1bn move to secure stakes in wave of US offshore wind projects

  • Wind
  • 10 September 2020
BP and Neste to ramp up supply of aviation biofuel to European airports
BP and Neste to ramp up supply of aviation biofuel to European airports

Decision comes in response to rising demand for sustainable aviation fuel in Europe, according to the two firms

  • Aviation
  • 20 August 2020
Carbon Tracker: Oil and gas giants take $87bn hit on assets in nine months
Carbon Tracker: Oil and gas giants take $87bn hit on assets in nine months

BP, Shell and Total have all written down value of their assets by billions in the second quarter of 2020, but Exxon, Equinor and ConocoPhillips failed to report any significant material impairments

  • Risk
  • 17 August 2020
National Infrastructure Commission: Plummeting costs mean UK should double down on renewables
National Infrastructure Commission: Plummeting costs mean UK should double down on renewables

New research reveals UK could source two thirds of its power from renewables by 2030, as calls grow for government to accelerate clean energy auction pipeline and introduce green tax breaks

  • Energy
  • 11 August 2020
BP boss: Net zero plan is critical for 'socially challenged' oil industry
BP boss: Net zero plan is critical for 'socially challenged' oil industry

In Sunday Times interview, BP chief executive admits that without new decarbonisation strategy the company would struggle to attract and retain top talent

  • Net Zero Now
  • 10 August 2020
Resilient dividends and integrated energy: Five things we learnt from BP's net zero strategy
Resilient dividends and integrated energy: Five things we learnt from BP's net zero strategy

  • Energy
  • 04 August 2020
'BP has woken up': Oil giant pledges to reduce fossil fuel portfolio in beefed up net zero strategy
'BP has woken up': Oil giant pledges to reduce fossil fuel portfolio in beefed up net zero strategy

BP announces pivot to become 'integrated energy company' as it pledges to cut oil and gas production by 40 per cent and ramp up clean energy and technology investment after suffering record loss in the second quarter of 2020

  • Energy
  • 04 August 2020
'Stranded': Total writes down $8bn of fossil fuel assets
'Stranded': Total writes down $8bn of fossil fuel assets

French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons

  • Energy
  • 30 July 2020
Oil and gas industry unveils new carbon intensity targets
Oil and gas industry unveils new carbon intensity targets

Oil and Gas Climate Initiative hails 'further step in support of the Paris Agreement' as national oil majors back new emissions goals

  • Energy
  • 16 July 2020
123

Most read

Shell to fund 60 million CO2 offset credits through Africa cookstoves rollout
Shell to fund 60 million CO2 offset credits through Africa cookstoves rollout
Facebook posts 'net zero' operational emissions status update
Facebook posts 'net zero' operational emissions status update
Heineken toasts new 'carbon neutral' target
Heineken toasts new 'carbon neutral' target
JP Morgan and Citi pledge multi-trillion dollar green finance blitzes
JP Morgan and Citi pledge multi-trillion dollar green finance blitzes
Amazon orders up wave of record-breaking renewables projects
Amazon orders up wave of record-breaking renewables projects
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