Latest in BP to slash spending on net zero ventures as it focuses on oil and gas again
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BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 14h -
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 - 15h -
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 - 15h -
BP pivots back to oil and gas after ‘misplaced’ faith in green energy
Chief says group was too optimistic over shift to renewablesFinancial Times - 14h -
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 - 11h -
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 - 18h -
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 - 2d -
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 - 19h -
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 - 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 - 3d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 6d -
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 -
Elon Musk Zeroes In on the I.R.S.
The tech mogul’s cost-cutting initiative is seeking sensitive taxpayer data, drawing concerns about privacy, potential political retribution and more.The New York Times - Feb. 18 -
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 -
Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.The New York Times - 6d -
England not solely focused on Russell, says Itoje
We cannot focus solely on Scotland talisman Finn Russell on Saturday despite his pedigree in the Calcutta Cup, says England captain Maro Itoje.BBC News - 5d -
Search for missing woman focuses on running trails
A search into the disappearance of Jenny Hall, who was last seen on Tuesday, enters its third day.BBC News - 5d -
Trump to Revoke an Oil License in Venezuela
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.The New York Times - 5h -
BP shows activists are often pushing at an open door
Clever boards can pre-empt attacks by behaving more like activists themselvesFinancial Times - 18h -
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 - 16h -
Is China investable again?
It always was — at the right price and for those with eyes wide open to the economic downsideFinancial Times - 3d -
Identity is the breaking point — get it right or zero trust fails
It’s on security leaders to shift their security strategies to better fight against identity-driven attacks.VentureBeat - 6d -
Zero Day is a political thriller without a political position or even point
Netflix’s new Robert De Niro-led hit series toys with real-world references but hasn’t got the faintest clue what to do with them. Spoilers ahead . For decades, movies and TV shows that feature ...The Guardian - 1d -
Former Jupiter star Ben Whitmore launches first fund at new venture
Brickwood’s UK Value Fund will focus on underpriced UK companiesFinancial Times - 3d -
Qatar uses sovereign wealth to entice venture capital to Doha
QIA will continue to invest most of its wealth outside the Gulf state but wants to make the country a regional hub for VCFinancial Times - 2d -
Most voters support having agency focused on government efficiency: Poll
Most voters support having an agency focused on ensuring government efficiency but were split on the current Elon Musk-led department having access to their own personal data and the country’s, ...The Hill - 2d -
Exposed: Labour peer’s involvement in apparent cash-for-access venture
Lord David Evans of Watford said ‘our mates now have senior jobs’ and advised on how to approach Angela Rayner. Profile: who is Lord David Evans of Watford? Explainer: what are the House of ...The Guardian - 1d -
Bezos focuses Washington Post opinion pages on ‘personal liberties’ and ‘free markets’
Billionaire owner says overhauled section will focus on ‘underserved’ viewpointsFinancial Times - 12h -
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 - 5d -
Trump cancels Chevron’s oil licence in Venezuela
Decision to reverse Biden-era ‘concession agreement’ delivers blow to US oil group and Maduro’s sanctioned regimeFinancial Times - 7h -
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 -
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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 -
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 - 20h -
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 - 4d -
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 - 14h