BP advertises collaboration openings on Scottish offshore wind farm
Companies capable of making an array of offshore wind components are being pushed to engage with BP (LON: BP) on its ScotWind project.
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BP advertises collaboration openings on Scottish offshore wind farm
Companies capable of making an array of offshore wind components are being pushed to engage with BP (LON: BP) on its ScotWind project.
Even conservative estimates see fossil fuel use peaking soon
On Sunday, the global climate summit COP27 will convene in Egypt. Bloomberg Green will cover the conference in depth and we’ve been preparing for it, looking at Egypt’s future under a possible 3C of warming and discussing why every election is now a climate election.
UK law makes it ‘nearly impossible’ to challenge new oil developments
The UK legal system makes it “nearly impossible” to challenge new oil and gas developments on climate grounds, according to an Aberdeen University lecturer.
Analysis shows lucrative oil giants investing a fraction of outsize profits in renewables
European oil giants are investing a small fraction of their mammoth returns in green energy initiatives, according to analysis.
Oil majors’ decarbonisation plans not Paris Agreement compatible
Global decarbonisation scenarios produced by BP, Royal Dutch Shell and Equinor are incompatible with the climate objectives of the Paris Agreement.
BP reports underlying profits of £4.9bn despite impact of Rosneft exit
“Exceptional” oil and gas trading meant BP raked in healthy profits in the first three months of 2022.
BP and Lightsource joint venture poised to be largest solar player in Australia
Lightsource bp, a 50:50 joint venture between Lightsource and oil and gas major BP, is set to become the largest solar developer and owner in Australia, as it aims to reach financial close on its Wellington North and Wunghnu Solar Farms later this year.
‘Buyer beware’: Greenpeace vows Cambo legal action despite Shell exit
Greenpeace said its position on the controversial Cambo field “hasn’t changed” and that it still intends to pursue legal action if development goes ahead, as partner Shell looks to offload its stakes in the project.
BP boss defends dividend hike, buybacks amid cost-of-living crisis
BP’s chief executive has defended the company’s share buyback and dividend plans as campaigners criticised its record quarterly profits as "obscene".
BP charts $800m windfall tax hit in bumper Q2 results
Oil giant BP (LON:BP) again reported bumper second-quarter profits, which ballooned to more than $8.4 billion, but estimates it will pay an extra $800 million by the end of 2025 in the wake of the UK’s windfall tax.