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BP

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
Government facing legal action over gas power CCS plans

Infrastructure

Government facing legal action over gas power CCS plans

New analysis suggests planned Net Zero Teesside gas-fired power plant would emit more than 20 million tonnes of CO2 over its lifetime, potentially putting climate targets at risk

clock 14 May 2024 • 4 min read
Drax advances carbon capture plans, as feedstock controversy escalates

CCS

Drax advances carbon capture plans, as feedstock controversy escalates

Energy company announces plans to explore potential for North Sea carbon storage, in same week as it faces fresh questions over the sustainability of wood chips sourced from North America

clock 29 February 2024 • 8 min read
Government gives green light to new gas power plant with CCS in Teesside

Infrastructure

Government gives green light to new gas power plant with CCS in Teesside

BP and Equinor secure development consent for new fossil gas power plant fitted with carbon capture technology in Teesside

clock 19 February 2024 • 4 min read
Study: Top oil and gas majors rake in $281bn in profits since Russia invaded Ukraine

Energy

Study: Top oil and gas majors rake in $281bn in profits since Russia invaded Ukraine

Research lays bare huge scale of profits achieved by just five leading oil and gas majors as a result of the global energy crunch

clock 19 February 2024 • 5 min read
BP snaps up full control of solar developer Lightsource in £254m deal

Solar

BP snaps up full control of solar developer Lightsource in £254m deal

Acquisition of solar developer designed to help meet demand for clean power from other parts of BP’s business, according to oil and gas giant

clock 01 December 2023 • 2 min read
'Moves us closer to net zero': Co-op inks 15-year solar deal

Solar

'Moves us closer to net zero': Co-op inks 15-year solar deal

New agreement with 34MW solar farm set to meet 7.5 per cent of Co-op's power needs from 2025

clock 24 November 2023 • 3 min read
BP revs up $100m order for US Tesla chargers

Automotive

BP revs up $100m order for US Tesla chargers

Deal forms latest part of oil giant's plans to invest up to $1bn in EV charging across the US by 2030

clock 27 October 2023 • 3 min read
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