The near-complete gas development could secure consent within weeks, but the decision will have consequences extending well beyond its contribution to
McKinsey argues that the energy transition should increasingly be judged on whole-system performance rather than renewable capacity additions alone. Grid constraints
Shell will acquire 50% of BP’s Tupinambá exploration block offshore Brazil and 30% of the Conifer prospect in the US Gulf
Global warming is likely to exceed 1.5C within the next few years, UNEP concludes, although this refers to sustained warming rather
BP has appointed former Balfour Beatty chief executive Ian Tyler as permanent chair after a three-month search, confirming the interim chair
A US federal court has ruled that New York cannot enforce legislation requiring major fossil fuel companies to pay $75bn towards
Washington has secured extensive economic and governance rights over a company holding concessions to 17 Venezuelan oilfields. The headline reserve figure
Carbonplace and Singapore’s Climate Impact X have agreed to merge, subject to regulatory approval. The combination will link credit sourcing and
A typical dual-fuel household on a standard variable tariff will face an annualised bill of £1,723 from October, £60 more than
Eni and BP expect to decide within months whether to develop the Denise West discovery, targeting first gas in under two
