bp has let an integrated engineering, procurement, construction, and installation (EPCI) contract to TechnipFMC for its greenfield Kaskida development in the US Gulf of Mexico. The award follows an ...

bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of ...

The energy multinational faced anger from green groups over reports it wants to ditch its 2030 pledge to reduce oil and gas ...

Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP , prohibiting Kosmos from selling to third ...

Oil prices tumbled early on Tuesday morning, with geopolitical risk failing to translate into a significant supply disruption ...

Once, these sorts of corporate pledges were all the rage. Now companies are starting to admit they weren’t serious.

BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be ...

Bundle Financial Post and National Post & save 68% on unlimited access. Unlimited online access to read articles from ...

Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored ...

BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the ...

Jane Fonda is a powerful, passionate climate advocate. She’s gotten arrested protesting at the U.S. Capitol, raised money to ...

"Some explanation for why society has been so ineffective and inadequate in our responses to the climate crisis." ...