When engineers prepare to drill for oil, they know the spot deep underground where the well must end and can choose their ...

New Zealand’s experience demonstrates that relying on fossil fuels, even as a stopgap measure, can undermine progress toward ...

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In the past 12 months, hundreds of businesses have seen their targets removed from net-zero dashboards and some companies ...

UK supermajor BP has pushed back on an “unacceptable” demand from BAE Systems that could see a major offshore wind farm it is ...

The FTSE 100 might be reaching for the stars but that's doesn't mean all the growth opportunities are gone. Mark Hartley ...

Harvey Jones is in a gloomy mood after checking out the recent performance of BP shares. So can they surprise us all by staging a major recovery?

making the boldest commitment to net zero in the fossil fuel industry. However, the strategy failed to deliver financial returns and BP has recently abandoned the plans in favour of a return to ...

British energy company BP confirmed on Wednesday, February 26, 2025, that it would slash spending on ‘net zero’ and green ventures and increase its oil and gas production. BP's strategic ...

Jobless claims hit 8-month high In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion.

In a statement titled “Reset BP,” the company said it will be cutting spending on its net zero transition business plans by about $5 billion per year. Future spending will be significantly ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase its ...