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Shell halts construction of large biofuels plant in Holland
This Is Money· 11 hours agoShell has halted construction on a major biofuels facility in the Netherlands that was to focus on...
Renewable diesel plant delay highlights net zero cost fears
The Herald· 9 hours agoShell indicated the move would result in job cuts and had been made in response to challenging market conditions. The decision provides the latest sign that firms such as Shell may be having ...
As BP backtracks on green targets, is the share price set for a boost?
Motley Fool UK· 5 days agoThe BP (LSE: BP.) share price has failed to sparkle since the company announced its ambitious plan...
BP windfarms put on hold as oil giant doubles down on fossil fuels
This Is Money· 5 days agoIn major strategy shift, Murray Auchincloss has put new offshore wind projects on ice as it focuses on oil and gas. It is a stark change from the policies of disgraced ex-chief executive < ...
BP halts hiring, slows renewables roll-out to win over investors
Reuters via Yahoo News UK· 6 days agoThe moves, which have not previously been reported, are part of a decision by Auchincloss to slow...
Why A Scaling Down Of Renewable Energy Plans By BP Was Inevitable
Forbes· 5 days agoSince 2020, BP has been working towards building an offshore wind portfolio following a pledge by...
BP, ExxonMobil Provide A Contrast In Energy Transition Strategies
Forbes· 6 days agoThe new internal strategy shift is a reversal from the aggressive investments in both onshore and...
Beware Royal Mail debt pile, says ALEX BRUMMER
This Is Money· 5 days agoThere are many reasons for opposing the ‘Czech Sphinx’ bid for International Distributions Services (IDS), the owner of the Royal Mail. Public-to-private deals are destabilising and opaque, ...