BP has replaced its pro-Net Zero chairman as it faces pressure from shareholders to switch its focus away from renewables after its disastrous 2020 commitment to cut hydrocarbon output by 40%.…
Tag: British Petroleum
Decarbonization Myth Frays as Hydrocarbon Use Grows
Meanwhile, the digital battleground remains an arena for the ongoing tug-of-war between the realities of economics and physics and fanciful rhetoric about an energy transition. The growth in consumption of…
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’s CEO Plays Down Renewables Push as Returns Lag” (‘beyond petroleum’ imaging wearing thin)
Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions.
Forget Net Zero: Oil and gas investment needed for another 30 years, BP warns
The assessment is likely to spark backlash from climate groups and campaigners who argue that investment should be immediately stopped in order to meet net zero goals.
Fossil fuels dominate global energy – Democrats try to conceal & suppress this reality
Guest essay by Larry Hamlin There are now at least 4 major global energy and emissions 2019 reports addressing the unequivocal energy reality that fossil fuels dominate year 2018 world…
The Gulf oil rig explosion – on the scene photos
Regular WUWT commenter Jimmy Haigh, a geologist by trade, sends along a PDF that is a compilation of on the scene photos taken right after the explosion and in the…
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