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Global energy giants drastically reduced fossil fuel exploration in 2020: Report

Last year, top oil and gas companies sharply slowed their search for new fossil fuel resources as lower energy prices due to the coronavirus...

UK’s oil giants have a new strategy to ensure profit in...

For Big Oil, the new black gold could be coffee and chocolate. Major European oil companies are ploughing billions into renewable energy under pressure from...

BP shares at 25-year low after revealing clean energy plan

A week after the UK based oil giant British Petroleum (BP) revealed its plan to shift into clean-energy, the company saw their share price...

Fossil fuel demand to dip sharply for the first time in...

For the first time in modern history, fossil fuel consumption is likely to shrink as climate policies promote renewable energy while the coronavirus outbreak...

BP’s petrochemical business sold for $5bn to UK’s INEOS

Global oil giant British Petroleum (BP) has sold its petrochemicals business to a UK-based multinational chemical company, INEOS in a deal worth $5 billion....
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