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...Yet that commitment came just as prime minister Rishi Sunak indicated that he was ready to soften some green policies as some Tory MPs argue they would damage support ahead of the next general election,...
...The EU has the most advanced green legislation in the world....
...Murray Auchincloss, who was appointed BP’s new chief executive on a permanent basis in January, has not yet announced any major changes to the strategy pursued by his predecessor Bernard Looney....
...Since 2007, John Browne, Tony Hayward and Bernard Looney have all suffered defenestration. Looney left three months ago....
...Additional reporting by Andy Bounds in Brussels Data visualisation by Steven Bernard and Ian Bott...
...US energy editor Jamie Smyth looks to the future of oil and gas-reliant economies in this Energy Source video on petrostates and the trillions of dollars they risk losing as world turns to green energy....
...The Canadian had been running BP on an interim basis since the sudden exit of Bernard Looney in September for failing to disclose past relationships with company colleagues....
...For all the additional focus on green alternatives, demand for oil extraction rights is still causing upset. See Venezuela’s interest in the Essequibo region of Guyana....
...Power Points Former BP boss Bernard Looney is set to forfeit up to £32.4mn after “serious misconduct” The EU and the US are at loggerheads over plans to launch a new carbon credit market Opinion: Local...
...As a wholly-owned unit of BP, it will build solar plants to feed the group’s vehicle charging networks, green hydrogen facilities and biofuel operations....
...Data visualisation by Steven Bernard...
...After a rainy start to the year, the hillsides were, unusually, brilliant green. Bright orange poppies, California’s protected state flower, dotted the verges....
...In February 2020, Bernard Looney took over as BP’s chief executive and swiftly unveiled a long-term strategy of reducing oil and gas production while making huge investments in low-carbon energy....
...Being back at the helm after an employee revolt looks like powerful vindication for Altman, and a green light to forge ahead....
..., resiling from its commitments to a green transition....
...Rising energy costs pushed US inflation above forecasts in August, Bernard Looney’s resignation from BP puts the oil company’s green energy transition into doubt, and China is walking back a corruption crackdown...
...Murray Auchincloss set out plans to win over shareholders on Tuesday as he pledged to turn the oil major into a “higher value company” even as he sticks with his predecessor’s strategy of investing in green...
...Launched by former chief executive Bernard Looney in 2020, the strategy was welcomed by environmentalists but has failed to fully convince investors....
...Chief executive Bernard Looney dearly wants to shift BP’s narrative away from hydrocarbons to renewables. That word “dearly” is apt....
...But under the Biden administration has strived to shift to green energy through the near $370bn programme of subsidies and grants under the Inflation Reduction Act....
...Hulanicki describes her first success in 1964, when Felicity Green of the Daily Mirror invited her to sell a dress in the paper for 25 shillings (about £21 today)....
...The newly anointed chief executive officially takes charge of the oil major after months of being its caretaker in the wake of turmoil and scandal unleashed by the departure of his predecessor, Bernard Looney...
...Colour choices range from arctic white to rust and pine green, while fabric-wise, modern duffels appear also in canvas and waterproof Ventile, giving the coat a life past the latest cold snap....
...Bernard Looney Chief Executive Officer, BP, London SW1, UK...
...Schierenbeck joins from HH2E, a green hydrogen company. SSR Mining, a Colorado-based miner, appointed Michael Sparks as chief financial officer, replacing Alison White....
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