It cannot work without massive subsidies and I suspect BP have seen the writing on the wall. With interest in Net Zero dwindling and the public beginning to wake up…
Tag: BP
BP Defies Ed Miliband to Reopen North Sea Oil Field
The energy giant is reviving the Murlach field, which was declared uneconomic and taken out of use in 2004, has now become viable partly due to new technologies.
BP Cancels “Sustainable Jet Fuel” Project
$5 Billion Green Energy investment slashed – “Weaker-than-anticipated growth in the market”
BP Scraps Major Hydrogen Plans for Teeside
BP’s announcement that it had dropped plans for a “green” hydrogen plant has been described as “bitterly disappointing”.
BP Faces “Existential Crisis” After Ruinous Attempt to Go Green
BP’s green pivot has backfired spectacularly, hammering profits and leaving the company vulnerable to a hedge fund siege, writes Jonathan Leake in the Telegraph.
Energy Giant Puts Goal to Drastically Cut Oil, Gas Production on Ice
European energy company BP has abandoned its pledge to cut oil and gas production by 2030 as the firm aims to shore up investor confidence amid a slide in its…
BP Shareholders Unhappy With Green Strategy
BP has been under increasing pressure over net zero commitments that have allegedly left shareholders £40bn poorer.
Regulatory Rebuff Blow to Offshore Wind Projects
When the breezy dreams of offshore wind giants met the rocky shores of regulation.
‘Green’ Energy vs. the Environment (Enron to BP to PG&E to Hawaiian Electric)
…in retrospect, it seems clear, we weren’t as focused on these fire risks as we should have been.”
D’oh! The ‘Energy Transition’: Learning and Retreat at BP
Wishing and hoping for change is not a successful business strategy, and the past few years have awakened BP management to that reality.
We Will Still Need Fossil Fuels In 2050–AEP’s U-Turn
It’s a pity AEP did not wake up to the real world a few years ago.
Global Man-Made CO2 emissions 1965 – 2021: BP Data
Every summer BP publish their statistical review of world energy.
Shell Goes Full BP – Part Trois
Guest “Why would we want to be ‘competitive’ with Europe” by David Middleton Shell Is Looking To Shake Up The Energy Game In TexasBy Haley Zaremba – Jun 12, 2022,…
Global Man-made CO2 emissions 1965 – 2020: BP data
Although they hesitated for a moment as a result of COVID, it is clear that CO2 emissions are continuing to grow in the Developing World and they can expected to…
BP to develop UK’s largest hydrogen factory in Teesside
In short, BP will be paid a guaranteed price for all the hydrogen it produces, which will probably be triple the price of natural gas. The cost of this will…
Shell Goes Full BP
Guest “Who gives a flip about what Europe does?” by David Middleton SEPTEMBER 21, 2020 12:47 AM UPDATED 3 DAYS AGOExclusive: Shell launches major cost-cutting drive to prepare for energy…
Beyond Petroleum Part Deux: “BP sees ‘peak oil’ in 2020s”
Guest “Looney Toons” by David Middleton OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020sSeptember 14, 2020 LONDON (AP) — Developing countries’ difficulty in containing the spread of…
Big Oil Asset Write-Downs Are Not The End Of The Oil Age
Climate change activists have long lobbied for divestment from fossil fuel-producing companies. They have largely failed in this quest. This year, the steep falls in the value of the large…
BP and Chevron: A Difference in Style or Substance?
In the high road of the climate crusade, marked by corporate brochures extolling social responsibility and environmental sustainability, BP was first past the post among the big oil majors.
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