European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Lightsource BP’s boss “periodically pinches” himself at the thought of the solar developer’s partnership with an oil supermajor – and the opportunities created by that link up.
BP Plc’s outgoing Chief Executive Officer Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change, because their failure could lead to financial ruin.
BP’s new CEO needs to “push” the energy transition agenda further to stop the supermajor falling foul of investors, particularly in Europe, analysts have said.
Weak natural gas and LNG prices will put a dent in the full year earnings of Shell and BP when the supermajors report their results in the next two weeks, an analyst has said.
It’s apparently not the traditional approach for the top dogs of major oil companies, but maybe it’s time to break the mould.
Reverse mentoring ‘one of the keys’ for solving recruitment challenge, says BP group chief talent officer
How reverse mentoring is helping build the workforce of the future and advance the energy transition
As widely circulated reports of BP’s plans for a major organisation shake-up emerge, the energy industry can only wait in anticipation to hear what Bernard Looney FREng FEI, Incoming Group Chief Executive of BP, has to say. Updates to their climate change strategy are sure to have an impact on other oil and gas major’s policies going forward, especially when paired with the increasing pressure from investors and the wider public.
Premier Oil’s largest creditor is refusing to back down in its challenge to the company’s planned acquisitions and debt maturity extensions.
BP has set itself a challenge of creating five “unicorn” companies - valued at more than $1 billion - in the next five years to address the “dual challenge” of supplying more energy with fewer emissions.
The North Sea's oil chaplain detects an “upswing” on mental health awareness offshore, but morale tends to be improved on installations with two-week rotas.
Drilling contractor Transocean is understood to pushing for jail time and fines against Greenpeace bosses, despite receiving a favourable ruling halting any further North Sea action.
The North Sea’s oil and gas chaplain believes the Church of Scotland will make the “wrong decision” in coming years to divest from fossil fuels.
Egypt has signed deals with four companies for exploration in the Western Desert and Mediterranean Sea.
The Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has signed two deals with BP, on the sidelines of the UK-Africa Investment Summit in London.
BP's chief financial officer (CFO), Brian Gilvary, is to retire after more than three decades at the firm.
Big Oil doesn’t have a choice; either it gets serious about the necessary transition to low carbon energy or mounting public fear fuelled by the impacts of the deepening climate crisis will eventually force drastic change.
The finalists for this year’s Offshore Achievement Awards (OAA) have been announced, with record entries submitted across a number of categories.
I recently addressed a room of industry leaders and when deciding what to say, I thought I'd begin by discussing one of the defining issues of our time: the dual challenge of providing more energy with fewer emissions.
Eni’s Agogo field has begun producing, a statement from Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has said.
Microsoft Corp. unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change.
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
UK-based energy explorer Premier Oil can move ahead with its plan to extend debt maturities and buy gas fields in the North Sea, a Scottish court ruled on Wednesday.
Premier Oil and its biggest creditor were going head-to-head in court yesterday over the firm’s intention to extend its debts and acquire North Sea assets.
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.