Italy's Eni to create carbon capture unit, offer power to data centres
Italy's Eni said on Thursday it would expand its low-carbon activities as part of its 2025-2028 strategy, creating a new ...
BP Changes Course, Tacks Back Toward Oil and Gas, but Our Fair Value Estimate Unchanged
BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with most European integrated oil peers. Its latest guidance for ...
BP to Boost Oil and Gas Investments by $10 Billion, Reversing Pledge to Invest in Clean Energy
The oil giant BP has announced it’s cutting planned investments in clean energy and redirecting that spending toward fossil ...
BP cuts renewable investment and boosts oil and gas in strategy shift
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP's green failure offers Big Oil a lesson in moderation
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
E&E17h
BP embraces oil and gas, snubs renewables in corporate reset
The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...
Crude Oil Prices18h
Eni and Petronas Set to Combine Upstream Assets in Southeast Asia
Eni and Petronas have agreed to a joint venture to combine their upstream assets in Malaysia and Indonesia, focusing on gas development and LNG expansion.