BP to cut renewable energy targets and focus on fossil fuels
BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.
26 February 2025
26 February 2025
BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.
A Shell report highlights the increasing demand for natural gas as the world transitions to cleaner energy sources.
The Mopane-3X well is located in the south-east of the Mopane complex at a water depth of approximately 1,200m.
NLNG is obliged to pay approximately $260m (N390.12bn) to Vitol and around $120m to Glencore.
The licence, initially issued in early 2023, allows the companies to proceed with planning the project.
The investment aims to establish oil and gas E&P facilities in the state in the north-east of India.
This month in our digital magazine we examine Donald Trump's plan to expand US energy production, and how oil and gas can adapt to a diversified energy mix.
GlobalData looks at whether The Donald will build on the power production revolution he began during his first term.
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