BP CEO says dividend cut ‘deeply rooted in strategy’ as energy giant ramps up renewable investment
Bernard Looney was speaking to CNBC's "Squawk Box Europe" on Wednesday.
Oil prices fall as rising coronavirus case numbers cast shadow over fuel demand pickup
Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns just as major producers ramp up output.
BP reports second-quarter loss after major write downs, halves dividend
Energy giant BP reported a significant loss for the second quarter on Tuesday, after downgrading the value of some of its assets on expectations of lower commodity prices.
The UAE becomes the first Arab country to launch its own nuclear energy program
The Barakah plant's Unit 1 is the first of the country's planned four reactors, which when complete are expected to meet 25% of the country's electricity needs with zero carbon emissions.
OPEC+ is facing a ‘very delicate, fragile balancing act’ in the oil market, strategist says
OPEC and its allies need to find a balance between supporting oil prices and keeping U.S. crude production at bay, John Driscoll of JTD Energy Services said this week as the oil-producing group starts to roll back supply cuts.
Oil edges lower on oversupply concerns as OPEC+ set to raise output
Oil prices fell on Monday on concerns about oversupply as OPEC and its allies, together known as OPEC+, are due to pull back from production cuts in August while an increase in COVID-19 cases worldwide raised fears of slower pick-up in fuel demand.
How farmers are harnessing solar power and smart techniques to work the land
In Zimbabwe, Africa, the Muonde Trust is working with farmers to develop crops and ideas.
Oil prices bounce back from 3-week lows, but economic headwinds loom
Oil prices rose on Friday, recovering further ground after touching three-week lows in the previous session, hit by a record decline in U.S. growth as the coronavirus ravaged the world's biggest economy and oil consumer.
Shell and Eneco’s offshore wind farm to include floating solar and hydrogen production
Europe is home to a large and mature offshore wind sector.
Shell’s second-quarter profit slumps 82% on coronavirus hit to oil prices, energy demand
Analysts had warned that "Big Oil" companies were likely to report "horrendous" second-quarter results.