Exclusive: BP to ditch renewables goals and return focus to fossil fuels
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,
BP to drop renewables goals and shift focus back to fossil fuels
BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.
Goodbye Fossil Fuels? New Reactor Uses Sunlight to Make Clean Energy from COâ‚‚!
Scientists have developed a solar-powered reactor that can transform carbon dioxide (COâ‚‚) from the air into usable fuel. Inspired by photosynthesis, this breakthrough technology captures COâ‚‚ and uses sunlight to convert it into syngas,
BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure
A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider sources told Reuters the
BP poised to abandon renewable goals and return focus to fossil fuels - Reuters
BP (NYSE:BP) will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a strategy shift to be announced this week at its capital markets day investor update to tackle investor concerns over earnings,
BP reverses course on renewables, focuses on oil and gas amid investor pressure
BP’s Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy generation by 2030.
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The fossil fuel industry is trying to keep buildings hooked on gas. Here’s how.
Around the globe, oil and gas companies use similar strategies to fight building electrification, according to a new report.
Exclusive: Russia Making Billions From Fossil Fuels Despite Sanctions
Russia's fossil fuel exports generated more than $250 billion in revenue in the third year of its war in Ukraine.
AI giants learn to share Trump’s zeal for fossil fuels
As Trump moves to unleash more gas and coal, even some of the greenest companies are taking advantage in their pursuit of ...
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Russia made $254B from fossil fuel exports, the West contributed to that total
Russia reportedly earned nearly $254 billion from fossil fuel exports in 2024, with Western nations contributing to that ...
How Trump's energy agenda complicates state's plan to clean up abandoned oil and gas wells
There are more than 20,000 abandoned oil and gas wells in Oklahoma. The Oklahoma Corporation Commission uses state and ...
Fossil-Fuel Companies Are Lobbying Trump to Save a Green-Fuel Program
Oil-and-gas companies are pushing the new administration to keep hydrogen tax credits, despite the president’s ambition to ...
New report decries fossil fuel industry influence in climate education
Environmental advocates are sounding the alarm about fossil fuel industry influence on energy, climate and environmental ...
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India’s NTPC to invest $23bn in renewable energy projects
India's NTPC has announced plans to invest more than $23bn in renewable energy projects in the state of Madhya Pradesh.
India's NTPC plans to invest more than $23 billion on renewable energy in Madhya Pradesh
Indian state power company NTPC will invest more than 2 trillion rupees ($23.07 billion) on renewable energy projects in the ...