‘More cash than we know what to do with’: The big questions for BP’s new chief Murray Auchincloss January 17, 2024 Murray Auchincloss, chief executive officer of BP Plc, during a panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, on Monday, Oct. 2, 2023. The annual strategic energy conference runs from Oct 2-5. Photographer: Christopher Pike/Bloomberg via Getty Images
No LNG left in the Red Sea as Houthi attacks clear shipping waters January 17, 2024 https://www.cityam.com/lng-fleets-to-overtake-oil-supertankers-in-global-gold-rush/
BP company man Auchincloss named permanent chief January 17, 2024 BP was late on Tuesday night putting the finishing touches to the permanent appointment of interim boss Murray Auchincloss as CEO, according to reports.
UK government greenlights second stage of controversial Drax carbon capture project January 16, 2024 The decision letter, published this afternoon penned by the energy security and net zero minister Claire Coutinho, said that the government is satisfied the site can achieve 95 per cent capture efficiency and approved the site's zero rating.
Shell to exit Nigerian onshore oil over long-running theft and sabotage risks January 16, 2024 The sale to a Nigerian business-led consortium is expected to be worth around $2.4bn
Costs £43bn or saves £15bn: Spat over taxpayer billions at Drax carbon capture site January 16, 2024 Climate think tank Ember claims Drax is pushing through a new facility to help its existing plant out of financial difficulty
Northvolt secures £3.95bn debt round as listing anticipation builds January 16, 2024 Northvolt is expected to list in Stockholm this year in an IPO that could reach $20bn
Rio Tinto: We are in state of ‘chronic unease’ over safety at our mines January 16, 2024 Mining giant Rio Tinto has pinned stimulus packages for the Chinese economy as drivers for a "gradual recovery" through 2024 despite key areas remaining weak.
Sizewell C: £20bn nuclear plant to begin construction after latest green light January 15, 2024 Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.
Why gas – yes, gas – is set for a starring role in the green transition January 15, 2024 Natural gas is going to play a big role in bridging the world towards cheaper renewables, but not everyone's happy about it