The Nation Ng on MSN4h
Indigenous operators add 165,000 bpd to oil outputLocals reaping benefits of IOCs’ divestmentNigeria’s indigenous players have so far added 165,000 barrels per day (bpd) to Nigeria’s oil output since their acquisition of onshore production assets ...
ENERGY giants – such as BP, Shell, TotalEnergies and Equinor – are holding back on renewable energy commitments and focusing ...
BP plans to eliminate $2 billion in costs by 2026. Reversing a prior position on renewables, the oil & gas company will cut ...
Brazil’s state-run oil company is gearing up to boost production to 2 million barrels per day (bpd) at the Buzios field by ...
As the country plans to achieve net-zero emissions target by 2070, Indian oil companies have set their respective goals to ...
Due to investor pressure, BP will cut investments in renewable energy and increase oil and gas production. BP will raise oil ...
It is important to keep prioritising pushes for net zero and reminding fossil fuel companies of their responsibilities.
BP announced yesterday (26 February) that it will roll back its investments into renewable energy and will instead focus on ...
On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...
The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...
The fossil fuels giant said it would increase oil and gas investment by about 20 to £7.9 billion a year as part of a major strategy update.
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