BP plans to take its first steps into the burgeoning market for green hydrogen alongside the offshore wind developer Ørsted by developing a hydrogen project at one of its refineries... read more →
BP has warned that the oil market continues to face a volatile future because of the coronavirus pandemic as it prepares to cut thousands of jobs from its global workforce within... read more →
ExxonMobil has warned it may write down the value of its US shale assets by up to $30bn (£23.2bn) following a steep drop in global energy prices that has led to... read more →
Royal Dutch Shell has reinstated its decades-long commitment to increasing shareholder payouts, despite admitting that its oil production may never recover from the coronavirus pandemic. (more…)