Latest in BP to slash renewables spending in pivot back to oil and gas
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BP pivots back to oil and gas after ‘misplaced’ faith in green energy
Chief says group was too optimistic over shift to renewablesFinancial Times - 2h -
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 - 3h -
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 - 3h -
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 - 59m -
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 - 6h -
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 -
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 majorFinancial Times - 1d -
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 - 7h -
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 - 4h -
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 -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 5d -
Top shale boss says US oil companies will not flock back to Russia
Harold Hamm warns executives will be wary of any peace deal between Trump and PutinFinancial Times - 4d -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - 1d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 5d -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - 5d -
5 pivotal questions (and predictions) for key NFC teams
Fantasy football analyst Matt Harmon puts the spotlight on five NFC teams facing big questions this offseason.Yahoo Sports - Feb. 19 -
5 pivotal questions (and predictions) for key AFC teams
Fantasy football analyst Matt Harmon puts the spotlight on five AFC teams facing big questions this offseason.Yahoo Sports - 5d -
What’s really behind Trump’s abrupt pivot to Russia?
The president has shocked allies by opening talks with Moscow and criticising Ukraine. Will this dramatic shift in US foreign policy hold?Financial Times - 4d -
Why Macron's meeting with Trump is pivotal for Ukraine's future
President Trump's meeting with French President Emmanuel Macron comes at a pivotal time for European nations as the U.S. presses for a deal to end the Ukraine-Russia war. This comes three years ...CBS News - 2d -
BP shows activists are often pushing at an open door
Clever boards can pre-empt attacks by behaving more like activists themselvesFinancial Times - 6h -
BP shareholders want it to make money, not climate policy
The oil and gas producer faces criticism for its shift away from green energy, but many support it.BBC News - 4h -
The 3 Best Essential Oil Diffusers (and One to Avoid)
Keep things smelling fresh with these handy home gadgets.Wired - 6d -
Oil prices end lower, erasing weekly gains
“A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.MarketWatch - 4d -
Jeffries urges full Dem attendance for GOP budget vote: ‘Pivotal’
House Democrats are united against the Republicans’ budget plan. But heading into this week’s vote on the resolution, Minority Leader Hakeem Jeffries (D-N.Y.) wants to ensure all of his troops are ...The Hill - 2d -
Morning Report — Trump teases Ukraine deal amid Russia pivot
In today’s issue: Cracks are deepening in the rift between the United States and its European allies, as President Trump shakes up the global diplomatic order and the rest of the world scrambles ...The Hill - 1d -
4 Key Policies to Lead American Renewal Through Entrepreneurship
It’s Entrepreneurship Week. Here’s how the U.S. can do better to support the innovators who strengthen local and regional economies.Inc. - 6d -
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Fate of Bibas Family Renews Fears for Israel-Gaza Cease-Fire
Hamas said it had returned the bodies of Shiri Bibas and her two sons. The Israeli military announced that the boys were murdered in Gaza and that Ms. Bibas’s body was that of someone else.The New York Times - 4d -
Global Right-Wing Leaders Revel in a Renewed Fight, Supercharged by Trump
Emissaries of far-right parties overseas, gathering this week at the Conservative Political Action Conference near Washington, described a resurgence spanning continents, buoyed by the U.S. president.The New York Times - 3d -
Brookfield buys National Grid’s renewables business in US for $1.7bn
Asset manager upbeat on sector despite Donald Trump’s anti-green agendaFinancial Times - 2d -
Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - 2d -
'Eyes on the Prize III' arrives on HBO during a renewed 'assault on equality'
HBO's docuseries, inspired by Henry Hampton's seminal civil rights documentary, picks up where he left off, taking us through the Obama presidency and to the brink of the first Trump administration.Los Angeles Times - 1d -
India’s renewables sector falling far short of needed investment surge
Clean energy financing lags behind $68bn needed annually to hit ambitious climate targets, report warnsFinancial Times - 16h -
Trump and Musk's slash-and-burn tactics are a sticking point in talks to prevent a shutdown
President Donald Trump and his billionaire adviser Elon Musk are taking a hatchet to federal agencies, using executive power to impose spending and job cuts that have sparked a polarizing debate in ...NBC News - 8h -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 4d -
Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and experimenting with geothermal energy.The New York Times - 3d -
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 -
EPA to make higher-ethanol gas available year round beginning in April
The Environmental Protection Agency (EPA) will proceed with Biden-era plans to allow the year-round sale of higher-ethanol E15 fuel, a longtime ask of midwestern lawmakers and the biofuels ...The Hill - 2d -
EU plans to relax gas storage targets for member states
Brussels hopes a ‘more flexible’ filling trajectory will reduce market disruptionFinancial Times - 2h