BP

December 10, 2024

Bp announces offshore wind joint venture as it scales back renewables focus

British-headquartered oil and gas major bp has agreed an offshore wind joint venture with Japanese energy company JERA.

November 25, 2024

Wind farm transmission project accepted for DCO examination

Plans for transmission infrastructure connecting two offshore wind Nationally Significant Infrastructure Projects (NSIPs) to the Lancashire coast have been accepted for pre-examination by the UK government.

November 19, 2024

Construction begins on government-funded green tech manufacturing site in Scotland

Construction has begun on EnergyWorks, a £9.1 million facility in Aberdeen for developing and manufacturing green energy technologies.

October 4, 2024

UK confirms £21.7 billion carbon capture and storage investment

The UK government has confirmed up to £21.7 billion in financing for carbon capture and storage (CCUS) projects in the UK.

July 17, 2024

Aberdeen Hydrogen Hub granted greenlight

Aberdeen City Council and BP, via its joint venture BP Aberdeen Hydrogen Energy, have agreed on the final investment decision on its green hydrogen hub, which aims to support Aberdeen's energy transition.

May 7, 2024

BP Q1 profits see 40% YoY drop to £2.1 billion

Oil and gas heavyweight BP has reported its Q1 earnings, which fell short of the forecasted $2.9 billion (£2.3 billion), coming to $2.7 billion.

March 14, 2024

Shell bets on Paris Climate Agreement failure with scaled-back emission reduction targets

Shell has scaled back its 2030 and 2035 emission reduction targets, indicating that it expects the globe to fail the Paris Climate Agreement.

February 19, 2024

£1.2 million NZTC funding allocated to 12 low-carbon tech start-ups

The Net Zero Technology Centre (NZTC) has allocated up to £100,000 to each of the 12 low-carbon technology start-ups chosen as part of its TechX Clean Energy Accelerator.

February 12, 2024

BP profits reduce as renewable pipeline grows to 58.3GW

Oil and gas giant BP has recorded a profit of $13.8 billion (£11 billion) across 2023 as its renewable pipeline reaches 58.3GW.

August 24, 2023

Greenpeace report finds only 7.3% of oil company investments are in energy transition

Greenpeace has released a report taking aim at 12 European oil companies, which the charity says are only committing 7.3% of their total investments to the energy transition.