BP to ramp up oil and gas output in major shift away from green goals

Fossil fuel firm will cut more than $5bn from low-carbon investment plan in ‘fundamental reset’. Business live – latest updates BP is dropping green goals, ramping up oil and gas production ...

The Guardian - 7h

BP ramps up oil and gas investment to $10bn a year in ‘fundamental reset’ – business live

Oil and gas giant abandons green ambitions, as boss says it will be ‘very selective’ about investing in fossil fuel alternatives. BP will abandon its green ambitions, including plans to cut its ...

The Guardian - 11h

BP pivots back to oil and gas after ‘misplaced’ faith in green energy

Chief says group was too optimistic over shift to renewables

Financial Times - 6h

BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

The New York Times - 2h

BP to abandon pledge to cut oil and gas output as chief fights for group’s survival

Auchincloss must convince activist investor Elliott Management he can turn around troubled oil major

Financial Times - 1d

BP shuns renewables in return to oil and gas

The energy giant has announced its strategy after rivals also rowed back on green energy plans.

BBC News - 6h

Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.

CNBC - 6h

Forest fires push up greenhouse gas emissions from war in Ukraine

Emissions estimated at 55m tonnes in 2024 and nearly 230m tonnes in three years of war . The burning of Ukraine’s forests at unprecedented rates over the past year has helped push the total ...

The Guardian - 2d

Alex Ovechkin goals tracker: Capitals star 12 away from breaking Wayne Gretzky's all-time NHL record

At his current pace, Ovechkin could surpass 'The Great One' before the end of the season

CBS Sports - 7h

BP’s going back to petroleum as it plans more oil spending and production

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.

MarketWatch - 10h

BP expected to scrap renewables target in shift back to fossil fuels

Goal of increasing renewable energy generation 20-fold to be ditched, shareholders to be told this week. BP is expected to ditch a target to ramp up renewable energy generation by 2030 as part of a ...

The Guardian - 2d

House Democrats are ramping up their attacks on the GOP agenda

Politico - 2d

EU to keep climate goals but loosen rules for companies, says green chief

Bloc has to balance protection of the planet and economic growth, Teresa Ribera argues

Financial Times - 16h

EU spends more on Russian oil and gas than financial aid to Ukraine – report

Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...

The Guardian - 2d

Navy seeks new generation of skilled workers to ramp up submarine production

While the president is cutting jobs, a search is on for a new generation of workers to build nuclear submarines. The Navy has ordered 29 nuclear subs, and the company that makes them has school ...

CBS News - 5d

Mexico ramps up troop levels at US-Mexico border

Mexico boosted troop levels at the border after President Trump threatened a tariff on all Mexican goods coming into the U.S. NBC News' Gabe Gutierrez got exclusive access, and takes a look at ...

NBC News - 5d

Keir Starmer urged to ramp up defence spending – UK politics live

This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...

The Guardian - 5d

With tariffs ramping up, this investment option can provide protection against inflation

The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.

CNBC - 5d

The papers: UK ramps up defence budget and Europe's 'fight for peace'

The government's increase in defence spending and developments between Ukraine and the US dominate Wednesday's papers.

BBC News - 21h

Congressional Republicans start backing away from Musk

The tech mogul hinted he might wade into spending negotiations again ahead of the next government funding deadline.

Politico - 20h

Away from Man United, Antony enjoys renaissance

Real Betis loanee Antony is a man transformed, scoring goals and providing assists with ease.

ESPN - 6h

Ukraine and Russia mark 3 years of war amid major shift in U.S. policy

A group of European leaders and Canada's prime minister are in Kyiv to support Ukraine's president. He faces a shift in U.S. policy as President Trump moves to end the war by negotiating one-on-one ...

CBS News - 2d

Anthropic says it's released its 'most intelligent' AI model yet as competition ramps up

Anthropic unveiled its latest frontier model, Claude Sonnet 3.7, on Monday and claims it's the company's "most intelligent" version yet.

CNBC - 2d

MSNBC Cancels Joy Reid’s Show in Major Shake-Up

Ms. Reid’s 7 p.m. program will be replaced by a panel show co-hosted by Symone Sanders Townsend, Alicia Menendez and Michael Steele.

The New York Times - 3d

Watch: Tourists warned to stay away from Mount Etna lava

Italian authorities say people have been injured after venturing too close to the red-hot lava.

BBC News - 6d

Trump Appears to Back Away From His Gaza Plan

Earlier this month, the president said he favored taking control of Gaza and displacing the Palestinian population of the devastated seaside enclave. But Egypt and Jordan flatly rejected cooperating.

The New York Times - 4d

USC flips four-star QB Jonas Williams away from Oregon

Rivals breaks down the huge flip to USC by four-star QB Jonas Williams.

Yahoo Sports - 3d

Cody Zeller reportedly to remain away from Rockets for remainder of season

Zeller has not played a minute this season for the Hawks or Rockets, he ended up in Houston on a salary dump trade.

Yahoo Sports - 1d

Elon Musk appears to be driving Europe away from Teslas

Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.

CBS News - 5h

Thomas aims to complete journey from 'nobody' to major finals

Scotland striker Martha Thomas recalls how a LinkedIn message changed her life as she targets a spot at a major tournament.

BBC News - 1d

Iraq says oil exports from Kurdish region by way of Turkey set to resume

Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish region

ABC News - 3d

EU reveals plans to hit climate goals by helping dirty industries clean up

European Commission recommits to 90% emissions cut by 2040, and will support steel and cement in transition. The EU executive has insisted it will stay the course on its climate goals, while ...

The Guardian - 4h

Nintendo Alarmo Now Available At Major Retailers - Mario Will Wake You Up For $100

Nintendo Alarmo - Interactive Alarm Clock ...

GameSpot - 5d

College basketball hot seat rankings: Where 17 underwhelming coaches stand as high-major carousel picks up

Polling our college basketball experts on where high-major coaches stand amid shaky seasons

CBS Sports - 2h

A Great Big World singer on stepping away from group after multiple sclerosis diagnosis

Nearly 20 years after forming their musical duo, A Great Big World, Chad King and Ian Axel are back with "Then There Were Sparks." As their new EP debuts, King shares his decision to step away from ...

CBS News - 5d

USWNT is 1 win away from another SheBelieves Cup title. Plus, Rubiales found guilty

Full Time Newsletter ⚽| This is ’s weekly women’s soccer newsletter. Sign up here to receive Full Time directly in your inbox. Try something new today. Emily Olsen here with Meg Linehan — welcome ...

Yahoo Sports - 1d