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Net Zero Emission
Greenpeace to Fight UK Approval of Shell Gas Field in Court
Climate activists at Greenpeace plan to mount a legal challenge against the British authorities allowing Shell to develop the Jackdaw North Sea gas field, after…
Hydrogen Project
UK Opens Joint Revenue and Grant Funding Round for Hydrogen
Projects will be able to apply both for grant funding through the GBP 240 million (USD 287m/EUR 282m) Net Zero Hydrogen Fund and revenue support through the Hyd…
Nuclear Fuel
UK Government Fund to Accelerate Nuclear Fuel Supply
The UK's Department for Business, Energy & Industrial Strategy (BEIS) is to launch a GBP75 million (USD90 million) Nuclear Fuel Fund to boost domestic productio…
Saudi Arabia
Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
BP and Thyssenkrupp Plan Green Hydrogen Steel Supplies
bp and thyssenkrupp Steel sign MoU focused on development of long-term supply of low carbon hydrogen and renewable power in steel production.
Oil Refinery
Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…
World Energy Demand Jumped Above Pre-COVID Levels in 2021
BP Statistical Review of World Energy: primary energy in 2021 grew by its largest amount in history.
OPEC
OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
BP Buys 40.5% Stake in Asian Renewable Energy Hub
The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.
Hydrogen Project
Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia
Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia
Hydrogen Project
BP Buys Into Australian Wind, Solar, Hydrogen Mega-Project
BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of g…
Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Hydrogen Project
Adnoc and Masdar Deepen Clean Hydrogen Pact With
The three companies are developing the H2Teesside blue hydrogen project in the UK.
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
OPEC
OPEC+ Misses Production Target by Whopping 2.7 Million Bpd
All 13 members of OPEC saw their production rise by just 153,000 barrels per day.
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