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A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green ...
In the past 12 months, hundreds of businesses have seen their targets removed from net-zero dashboards and some companies ...
BP’s carbon-cutting target, announced in 2020 ... opportunity” and confirmed that the company still wants to meet net-zero carbon emissions by 2050. BP’s change of strategy is facing ...
Our weekly roundup of stories from the national news includes fears that the 2030 wind targets will not be met; threats to ...
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BP hasn’t said as much, but observers fear the 2050 net zero target will, at least, take a back seat now. The firm has already slashed its reduction targets for oil and gas output. The company ...
A bombshell new report has warned that BP could contribute to an additional 72,000 heat deaths around the world, after the oil giant decided to scrap a number of net zero pledges, including electric ...
BP’s Teesside scheme had been slated to deliver more than 10pc of Ed Miliband’s hydrogen production target - Wiktor Szymanowicz/Future Publishing via Getty Images ...
In 2023, BP swapped this target for a 25% reduction, following Russia’s invasion of Ukraine and Europe’s energy crisis. The ...
Last year, the London-listed firm eased that target to a 25% cut by 2030. It is sticking with its goal to achieve net zero emissions by 2050, the report said. BP Says Direction of Focus Remains ...
BP has confirmed it will slash spending on net-zero transition businesses by nearly ... gas projects will start by the end of 2027, with a target of eight to 10 kicking off by the end of the ...
BP has been hit by the waning oil market. I remember when I first encountered a hard copy FTSE 100 annual report. I was a first year undergraduate and my achingly left-wing lecturer in Business ...
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