Legal & General’s Climate and Nature Transition Plan 2026 argues that talk of a stalled transition is misplaced, emphasising that renewable
BP and Ithaca Energy engaged in advanced discussions to sell BP’s remaining UK North Sea oil and gas assets in a
The UK government has announced that the next Contracts for Difference (CfD) auction, Allocation Round 8, will open for qualification bids
BP will take over operatorship of Azerbaijan’s Babek gas field, which contains about 400 billion cubic metres (Bcm) of gas and
Shipping through the Strait of Hormuz has collapsed by about 88%, with daily transit of crude, fuel and LNG carriers down
BP has removed chairman Albert Manifold with immediate effect, citing serious concerns over governance standards and conduct. Manifold disputes BP’s version
Wind and solar generated 22% of global electricity in April 2026, while gas‑fired power supplied 20%. This is the first recorded
OPEC+ leaders agreed to raise their collective output target for July by 188,000 barrels per day – the third consecutive monthly
The IGU says natural gas is evolving into a globally traded commodity, increasingly governed by market fundamentals rather than long-term oil-linked
Carbon pricing schemes generated a record $107 billion in revenue in 2025, up 2% from 2024, with new ETS and carbon taxes
