BP slashes the value of its assets by up to $17.5bn, as the pandemic’s global economic impacts continue
BP, one of the world's seven oil and gas supermajors, says it expects to undertake a huge reduction in asset value in the range of...
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Posts Tagged: "Oil and Gas"
The coronavirus crisis is causing the biggest fall in global energy investment in history
The International Energy Agency’s (IEA) new report examines the impact coronavirus will have on energy spending in the...
While the global energy sector suffers, due to the coronavirus crisis, IEA expects renewable energy to grow this year
In a new report, the International Energy Agency (IEA) projects a bad year for fossil fuels but a...
U.S oil prices hit below zero for the first time as the Trump administration scrambles to offer help
Driven by a fall in demand created by the coronavirus pandemic, U.S oil price fell below zero for the first time in history. The price...
New U.S. renewables capacity overwhelms coal, gas, oil, and nuclear combined
According to a review by the SUN DAY Campaign of data quietly issued today (i.e., no accompanying news...
BP recently announced a net-zero plan, now its withdrawing from pro oil groups
BP recently announced its ambition to eliminate emissions from its operations, as well as from the oil and...
The uncertain role of natural gas in the transition to clean energy, and battle against climate change
A new MIT study examines the opposing roles of natural gas in the battle against climate change — as a bridge toward a lower-emissions future,...
Saudi Aramco raises a record $25.6bn in world’s biggest IPO
Saudi Aramco is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. It...
New solar + wind capacity six times greater than gas for the first time
Washington DC – According to a review by the SUN DAY Campaign of data released - quietly -...
The European Investment Bank to stop funding fossil fuel projects by 2021
The European Investment Bank (EIB) has agreed to phase out lending for almost all fossil-fuel projects after 2021,...