JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday ...
Copyright 2025 The Associated Press. All Rights Reserved. The CHS oil refinery is silhouetted against the setting sun Sept. 28, 2024, in McPherson, Kan. (AP Photo ...
BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...
Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...
By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.
BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...
BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP is increasing its investment in upstream oil and gas to $10 billion ...
BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away from renewable energy amid pressure from activist ...
Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its ...
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia. By Stanley Reed Reporting ...