Supreme Court deals blow to oil companies by turning away climate cases
An oil well pump jack operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images WASHINGTON — The…
Clean hydrogen industry future depends on IRA tax credit
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then…
U.K.’s FTSE 100 scaling fresh highs despite cost of living crisis
The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the…
BP earnings Q4 and FY 2022
The extraordinary scale of the oil and gas industry’s earnings has renewed criticism and sparked calls for higher taxes. Sopa Images | Lightrocket | Getty Images Oil major BP on…
BP invests in firm that supplies ‘rapidly deployable’ solar tech
The BP logo displayed outside a gas station in England on August 15, 2022. Matt Cardy | Getty Images News | Getty Images BP said it is investing 20 million…
Democratic lawmakers accuse big oil of ‘greenwashing’
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022 as…
Oil giant BP is a buy as fundamentals remain strong, Citi says in upgrade
Citi says it’s time for investors to load up on shares of BP . Analyst Alastair Syme upgraded the oil stock to a buy from a neutral rating, saying BP…
A big new Exxon Mobil climate deal that got assist from Joe Biden
Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil’s…
Firms plan Australian ‘super hub’ to produce green hydrogen
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years.…
Despite chaos, UK stockpickers are rubbing their hands: Here’s what they’re buying
The U.K. has been beset by political and economic instability in recent months, but as the investment environment undergoes a fundamental transition, investors see opportunity. The makeup of the U.K.’s…