Tagged With BP
BP softens emissions goals in push for ‘orderly’ transition
7 February 2023
Oil and gas major revises down scope three targets as it plans slower reductions in oil and gas production to 2030
Deep emissions cuts drive CCUS to emerging economies – BP
31 January 2023
India and China lead CCUS deployment under optimistic emissions reduction scenarios set out by oil major
BP announces $4.1bn Archaea acquisition
18 October 2022
The oil major aims to expand its presence in the US biogas industry
BP and Hertz to develop North American EV charging network
27 September 2022
The oil major’s charging subsidiary will support Hertz’s growing EV fleet
European majors to spend over a third of capex on low carbon by 2025
26 August 2022
Six of the largest European oil and gas firms have set 2025 targets for low-carbon investment as part of their climate transition plans, with goals to increase spending by 2030
BP to invest in UK EV battery-testing facility
1 August 2022
Project will help develop fluid technologies for managing temperatures in batteries to improve efficiency
BP opens first electric truck-charging points
27 July 2022
Oil major launches two charging points in Germany aimed at medium- and heavy-duty trucks
BP acquires controlling stake in Australian renewables project
15 June 2022
Oil major buys 40.5pc share in Australian Renewable Energy Hub, which will supply power to local mines and produce green hydrogen and ammonia
BP and Linde plan Texas CCS project
17 May 2022
CCS will enable Linde to produce low-carbon hydrogen and take CO₂ from other emitters along Texas Gulf Coast industrial corridor
BP and Equinor granted UK carbon storage licences
13 May 2022
East Coast Cluster reaches milestone as licences granted for four more sites in Southern North Sea
BP stands firm on renewable project returns
3 May 2022
Oil major slashes list of potential projects as new head of low-carbon business reviews investment cases
BP plans $1.3bn expansion of UK EV charging network
25 March 2022
Oil major’s announcement coincides with UK government pledge to support tenfold increase in number of charging points by 2030
BP partners with Marubeni for Japanese offshore wind push
23 March 2022
The major will establish a local offshore wind development team in Tokyo
BP bets on bioenergy in accelerated transition plan
8 February 2022
European major to boost biofuel and biogas production as spending on transition business rises to 40pc of capex by 2025
BP signs sustainable biofuel feedstock deal
1 February 2022
Ten-year deal with agribusiness Nuseed gives oil major supply of carinata oil to process or trade into growing market
New York’s first offshore windfarm to begin construction
21 January 2022
Orsted and Eversource project secures final regulatory approval from Boem following environmental review
BP partners with Oman on renewables and hydrogen
18 January 2022
Oil major plans to undertake wind and solar data assessment for multi-gigawatt energy hubs
Oil majors secure Scottish offshore wind rights
18 January 2022
BP, Shell and TotalEnergies buy options to develop large-scale fixed and floating projects offered in Scotwind tender round
BP enters US EV fleet-charging sector
8 December 2021
Acquisition of California-based fleet-charging specialist Amply Power provides springboard for expansion in US market
LNG sector in push for emissions transparency
17 November 2021
New industry framework promotes best practice for emissions accounting and use of offsets as trade in green LNG cargoes grows
Outlook 2022: The future of oil majors in the energy transition
4 November 2021
The big oil and gas companies are faced with the prospect of losing a large part of their market as the world transitions away from fossil fuels. Can they carve out a positive role for themselves?
BP defends hydrocarbon role in transition strategy
3 November 2021
Emissions reductions targets should not be proxy for underinvestment in hydrocarbons, CEO tells analysts
Oil majors say fossil fuels still needed in US committee hearing
29 October 2021
ExxonMobil, Chevron, Shell and BP executives support Paris Agreement but say fossil fuels will be required for some time
Lightsource BP secures $1.8bn to boost solar growth
21 September 2021
The developer plans to increase total global capacity to 25GW by 2025
BP doubles renewables pipeline
3 August 2021
Offshore wind investments in US and bids in Scotland will help to decarbonise firm’s portfolio
Oil majors pile into Scottish offshore wind tender
22 July 2021
Scotwind tender draws 74 bids amid strong competition for North Sea project rights
Mission net zero – part one: costs
19 July 2021
First in three-part Transition Economist series looks at the cost of the global energy transition and the magnitude of the work required
BP boss defends ‘bold’ net-zero transition strategy
23 June 2021
Oil major on track to meet 2025 renewables target and will grow earnings from oil despite production cuts
BP Lightsource buys more solar projects in Spain
18 June 2021
Purchase of three development projects in Spain follows recent solar expansions in Portugal and Greece
World must use less energy – Dudley
17 June 2021
Energy consumers must travel less and move to electric vehicles, according to the former BP CEO
BP in joint bid to develop offshore wind in Norwegian North Sea
14 June 2021
Consortium with Statkraft and Aker Offshore targets Sorlige Nordsjo II ‎licence area
BP boosts renewables pipeline with 9GW US solar deal
2 June 2021
The $220mn acquisition gives BP solar projects across 12 US states, with largest portfolios in Texas and the Midwest
Eni, Total and BP have clearest climate plans
28 May 2021
League table of large oil and gas firms show Europe leads US on climate targets and disclosure
Europe IOCs claim early progress in push for low carbon
30 April 2021
Both Repsol and Total will funnel 25pc of 2021 investments towards low carbon ventures
BP powers up EV charging roll-out
28 April 2021
Questions over company’s ability to differentiate its electrons in a competitive market
Rebrand accelerates Channoil Energy into net-zero era
11 March 2021
New name reflects a sharpened commitment to the energy transition—and the simultaneous launch of net-zero division takes things a step further. Net-Zero-Solution lead Vincent Couffon talks to Transition Economist as the consultancy embarks on its new strategy
Majors making progress on methane emissions
5 February 2021
ExxonMobil is the latest to announce progress on tackling upstream emissions of the potent greenhouse gas, and many are strengthening their commitments
BP committed to transition pathway, despite loss
4 February 2021
CEO Bernard Looney is confident the business is bouncing back from pandemic impact even though profitable renewables projects remain hard to source
Oil majors face credit downgrades amid rising investor pressure
27 January 2021
S&P has placed 13 IOCs, including ExxonMobil and Shell, on negative watch, while investment giant BlackRock warns of ‘tectonic shift’
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