Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2

Barrel 52

Barrel Energy Energy Oil 52

Rextag

JANUARY 21, 2025

OPEC+ has kept 3 million barrels per day off the market, stabilizing prices and reinforcing its role as a key market regulator. THE END OF "DRILL, BABY, DRILL": A SHIFT TOWARD DISCIPLINE The industry has largely abandoned the "drill, baby, drill" mentality, favoring a disciplined approach to capital allocation.

Oil 40

Oil Gas IT BBL 40

Rextag

MARCH 3, 2025

million barrels per day by 2030. BPs Remaining Commitments to Renewables While BP is cutting back on renewable investments, it is not abandoning green energy entirely: Wind and Carbon Capture Projects BP continues work on three UK-based offshore wind farms and carbon capture initiatives. million and 2.5

Oil 40

Oil Gas Energy Energy 40

Crude Oil Futures

MARCH 8, 2025

Starting in April, the cartel will boost output by 138,000 barrels per day (bpd)the first such increase since 2022. per barrel, respectively. If China abandons relatively cheap Iranian oil, the impact will be badly felt by both China and Iran simultaneously. As of 18:00 GMT, WTI and Brent crude prices stood at $67.04 and $70.36

Oil 40

Oil Crude Oil Barrel Abandonment 40