A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets. The H2Teesside scheme, announced in 2021 by the company’s then ...

A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets.

In the past 12 months, hundreds of businesses have seen their targets removed from net-zero dashboards and some companies ...

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 ...

We spoke to Camilla Born, who advised the government on the COP26 summit and is now the boss of Electrify Britain.

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’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 ...

In 2023, BP swapped this target for a 25% reduction, following Russia’s invasion of Ukraine and Europe’s energy crisis. 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 ...

BP will also abandon a target to reach core earnings of $49 billion (€46.7bn) this year, said Reuters’ sources, a proposal ...