The Energy Transitions Commission (ETC), a coalition of more than 45 leaders from global energy producers, energy industries, financial institutions and environmental advocates – including ArcelorMittal, Bank of America, BP, Development Research Center of the State Council of China, EBRD, HSBC, Iberdrola, Ørsted, Shell, Tata Group, Volvo Group and the World Resources Institute among others – released two new reports analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 Continue reading
Oil slides below $33 a barrel to levels not seen in more than a decade, as a tumble in Chinese equities rattles investors already concerned by near-record production and massive stockpiles of unwanted crude. David Pollard reports. Continue reading
BP is using molecular science to create new fuels and lubricants to reduce engine friction that in turn leads to CO2 increases. Matthew Stock reports. Continue reading
Russian President Vladimir Putin meets with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan at sidelines of MAKS international air show.
“We are thrilled with the settlement,” Florida Attorney General Pam Bondi says of the agreement with BP that addressed claims from the U.S. government and the states of Alabama, Florida, Louisiana, Mississippi and Texas.
A small British oil producer says it has discovered a possible world class oil resource south of London.