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BP projected Monday that global oil demand may have already peaked, marking the latest development in the supermajor’s strategy to transition away from fossil fuels to renewable energy.
BP projected Monday that global oil demand may have already peaked, marking the latest development in the supermajor’s strategy to transition away from...
BP plc (NYSE: BP) became the first major oil company to call out an oil demand peak in its energy outlook report on Monday. The company said oil demand may not return to pre-...
Oil will be replaced by clean electricity, BP predicts, as demand may never recover from Covid-19 pandemic
Fossil fuel demand to take historic knock amid COVID-19 scars: BP
BP stock fell on Thursday, as the oil major entered the U.S. offshore wind market in a $1.1 billion deal with Norwegian energy giant Equinor.
The deal marks a significant step forward in BP's strategy to slash carbon emissions.
Strategic partnership will seek to develop more wind farms off the coast of the US
Expectations of a fresh clampdown in the U.K. as coronavirus cases rise are triggering a selloff in some travel and leisure stocks, while the pound weakens...

Oil companies brace for twin Gulf Coast storms

08:50pm, Monday, 24'th Aug 2020
Oil companies have shut in roughly 82% of offshore oil production in the Gulf of Mexico and are securing refineries and petrochemical plants as two tropical...
Storebrand says corporate lobbying to undermine climate solutions is ‘unacceptable’
Here’s why understanding valuation can make you rich.
California launched a market in forest preservation with its cap-and-trade regulations. Now energy giants such as BP are expanding their investments in a bet that it is about to become more lucrative.
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