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BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360ยบ

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

Oil 130
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The impact of electromobility on the German electric grid

McKinsey

Estimates indicate that eight million electric vehicles could be on the roads in Germany by 2030. Investing in fast-charging stations and managed charging will be key to upgrading infrastructure.

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Gastech Days III & IV: Harnessing the power of natural gas and climatetech

Oilholics Synonymous Report

Over the course of Thursday and Friday - days III & IV - of Gastech 2024 that put us on the home stretch towards the conclusion of global event, many of the conversations revolved around climatetech and harnessing the power of natural gas as a destination fuel in the world's march to a low to a zero carbon future.

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ACWA Power: Crossroads for Exponential Growth in Power and Waterย 

POWER Magazine

In 2002, the government of Saudi Arabia moved to step up the private sectorโ€™s role in the kingdomโ€™s economy by opening the production of power and desalinated water. Saudi firms […] The post ACWA Power: Crossroads for Exponential Growth in Power and Water appeared first on POWER Magazine.

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Hospitality & Climate Action

Energy Central

Hilton's revised climate targets call for a reduction in greenhouse gas (GHG) emissions intensity of 75% in managed hotels, up from a former target of 61%, and 56% in franchised hotels by 2030. A positive development for climate action from hospitality.

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BPโ€™s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

Oil 40
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Cop15: key points of the nature deal at a glance

Adrian - Oil & Gas

The final wording commits governments to conserving nearly a third of Earth for nature by 2030 while respecting indigenous and traditional territories in the expansion of new protected areas.