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Amin Nasser praises Beijing’s efforts to make solar panels and electric vehicles cheaper
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Dutchman led FTSE 100 group’s push into biofuels, hydrogen and renewable power
...“There is a media and political narrative that says we don’t need this stuff, but there is [also] a global economy that isn’t contracting,” said Mark Wilson, an analyst at Jefferies in London....
...Both Fleet Bigwood, Green’s textiles teacher, and the late MA course director Louise Wilson were key mentors. Wilson gave Green the confidence to believe he had something to say in fashion....
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...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...Energy Source is written and edited by Tom Wilson, Jamie Smyth, Myles McCormick and Amanda Chu, with support from the FT’s global team of reporters....
...Alongside gas and power trading, the group is investing in green technologies such as battery storage and biogas....
...Tom Wilson What BP is committed to do is to transform its business over time from an oil and gas producer to an integrated energy provider by investing in green technologies....
...However, the revisions provoked sharp criticism from green groups and those that already believe the company is not doing enough to reduce its environmental impact....
...Follow This, an Amsterdam-based green shareholder group, said that in response to the lawsuit filed last week, it had decided to withdraw the call for Exxon to set more ambitious climate targets....
...The rich Nordic country is western Europe’s biggest petroleum producer but likes to tout its green credentials too....
...Tom Wilson I think it’s seen as a test case for big-scale mining projects for the green energy transition. The industry will be watching to see can Rio Tinto pull this off?...
...The first is a global backlash against climate action and with it, a heightening of the political difficulties around green measures....
...Could recycling be the remedy to upcoming shortages in metals critical to the green energy transition?...
...Pouyanné and the group face an inquiry this year launched by green politicians in the French Senate over its record on environmental goals....
...Renewable power projects generally have a lower return on investment than oil and gas, posing a challenge for companies such as BP, which tend to have higher borrowing costs than pure-play green energy providers...
...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...
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
...Looney announced plans in 2020 to transform BP from an oil and gas producer into an integrated energy provider by cutting fossil fuel production and investing in green technologies....
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