GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
[Read more…] about BP to ditch renewables goals and return focus to fossil fuelsbp has chosen to withdraw its application for transmission connection for the 2500MW Beacon Wind project located off the coast of New York.
[Read more…] about bp takes step back from involvement in New York offshore projectbp has started production from the second development phase of the Raven field, offshore Egypt.
[Read more…] about Start production Raven Second Development Phase, offshore EgyptSeveral Western media have recently reported on the possibility of a merger between bp and Shell.
[Read more…] about Possible merger between bp and ShellSeatrium has signed a Memorandum of Understanding (MOU) with BP Exploration & Production for the preparation of a second project, the Tiber Floating Production Unit (FPU), in the US Gulf of America.
[Read more…] about Seatrium signed MoU with bpBP chief executive Murray Auchincloss has said the company has “completely decapitalised” its renewables business.
[Read more…] about BP vows fundamental reset as it retreats from net zeroOil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field.
[Read more…] about ONGC and bp sign contract to enhance production from Mumbai HighBP has made a new oil and gas discovery in Egypt’s King Mariout Block in the Mediterranean Sea, Egypt’s Prime Minister Mostafa Madbouly said on Wednesday in a televised press conference.
[Read more…] about BP makes oil and gas discovery off Egyptbp will build a new platform at the Shah Deniz gas condensate field located in the Azerbaijani sector of the Caspian Sea.
[Read more…] about bp to build new platform at Shah Deniz gas fieldIraq signed a massive deal with BP covering four Kirkuk oil and gas fields by early February that will exceed the value of TotalEnergies’ $27bn Basra agreement.
[Read more…] about Iraq, BP to sign major Kirkuk fields deal worth over $27bn
