BP contributes £15m to support humanitarian efforts in Ukraine
BP (LON: BP) has made good on its pledge to support the relief efforts in Ukraine following the invasion by Russia.
Bernard Looney
Equinor follows BP in exiting ‘untenable’ Russia joint ventures
Norwegian oil giant Equinor has followed BP in announcing that it will start exiting its joint venture businesses in Russia.
BP boss summoned by UK business secretary over Rosneft ties
BP is under pressure from the Government to cut its ties with Russian oil giant Rosneft, which the British-based company holds a 20% stake in.
BP chief opposes windfall tax: ‘The UK needs more gas, not less, right now’
The chief executive of BP has argued a windfall tax on North Sea operators could hurt investment and production of gas in the region.
BP confirms new interim head of North Sea
A new North Sea boss will be taking up the reins on an interim basis at UK oil and gas giant BP (LON: BP) from next month.
BP fuels calls for windfall tax as oil giant posts £11 billion profits in 2021 results
Oil giant BP has pledged to spend double what it earns in the UK in the coming years - but huge profits in its 2021 results and pressure on consumers have strengthened calls for a North Sea windfall tax
BP drafts in renewables heavy hitter to head up new offshore wind division
BP has made a number of senior appointments as it works to deliver its target of 20 gigawatts (GW) of developed renewables by 2025.
Big Oil wins big in ScotWind – Shell, TotalEnergies and BP land acreage
ScotWind has proved a big boon to Big Oil, with fossil fuels giants BP, Shell and TotalEnergies all winning acreage.
BP launches renewable energy, hydrogen push in Oman
BP has signed a strategic framework agreement (SFA) with Oman, with the plan of delivering a “multiple gigawatt world-class” renewable energy and hydrogen plan by 2030.
Aker, BP sell £480m stake in joint venture
BP (LON: BP) and Aker (OSLO: AKER) have successfully offloaded a 5% stake in their Norwegian joint venture.
‘It would have been a distraction’ – BP CEO on why he’s not at COP26
BP chief executive Bernard Looney says it would have been a “distraction” if he’d attended the COP26 climate summit in person.
BP and Aker exploring potential sale of a stake in Aker BP
BP (LON: BP) and Aker (OSLO: AKER) are exploring a potential block sale of some of their stake in independent oil and gas producer Aker BP (OSLO: AKRBP).
BP ‘not struggling’ to attract graduates to work in oil, says CEO
BP has insisted that it is “not struggling” to convince graduates to enter the oil and gas industry.
Funding growth for energy transition ‘not a problem’ for BP, says CEO
BP (LON: BP) chief executive Bernard Looney said today that the company will have no problem in funding the growth needed to fuel the transition.
‘Good quarter’ for BP as company is buoyed by rising commodity prices
BP’s (LON: BP) chief executive has hailed “another good quarter” for the oil and gas giant, in no small part due to the spike in commodity prices.
BP, Adnoc, Masdar tee up energy transition spending
BP, Adnoc and Masdar have teamed up to invest “billions of dollars” in clean and low carbon energy.
Updated: BP lines up new executive vp for gas & low carbon energy
Energy giant BP has announced the appointment of a new executive vice president for gas & low carbon energy.
We have to hold ourselves to the highest standards, or someone else will – BP North Sea boss
“At BP, I think we try to do the right thing,” says Emeka Emembolu, the energy giant’s North Sea boss.
‘Now is the time to act’ – BP boss responds to IPCC climate change report
The chief executive of BP has added his name to the list of those calling for urgent action following the publication of a worrying climate change study.
BP CEO says investors back current strategy
The two-day Bloomberg Sustainable Business Summit, which is underway, is focused on topics ranging from the transition to a net-zero economy to the future of sustainable investing.
‘Worrying signs’ lockdown emissions reductions could be brief, says BP boss
BP’s chief executive has raised concerns that the dramatic fall in carbon emissions seen last year may be “short lived”.
The case for data decarbonisation – Part one
This is the first in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data.
BP CEO calls IEA scenario ‘credible’ despite planning more oil and gas projects
The CEO of BP has described an IEA net zero scenario calling for the end of new oil and gas projects as “credible”, despite the firm planning major fossil fuel developments.
BP boss says support for leavers a sign of commitment to just transition
The boss at BP says the support provided to people leaving the company during its restructuring could be taken as a sign of its commitment to a just transition.
BP CEO Bernard Looney to headline OGUK conference
BP CEO Bernard Looney will headline the upcoming Oil and Gas UK (OGUK) annual conference.