Tag Archives: Oil companies

Clean electrification and hydrogen can deliver net-zero by 2050, says global private-sector coalition

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

24Nov/15

Scientists on quest for friction-free oil

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

02Jul/15

BP settles U.S. 2010 oil spill claims for $18.7 bln

“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.

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09Apr/15

Oil firm says found 100 billion barrel oil field in southern England

A small British oil producer says it has discovered a possible world class oil resource south of London.

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