Tag Archives: Financial Times Newspaper

When Lord Browne ran BP (formerly British Petroleum) from 1995 to 2007, those initials also stood, aspirational, for “Beyond Petroleum”. The company made renewable energy investments that complemented its green and yellow flowery trademark. But Browne’s corporate investments in renewables were early. His successor Tony Hayward abandoned renewables and resumed …

The global value of fossil fuel consumption subsidies in 2018 was nearly double the combined value of subsidies for renewable energy and electric vehicles.

US sanctions now routinely delay Western companies'. business with Russia.

A sharp rise in oil prices also comes at a delicate time for the global economy.

The EU issued an official statement urging the sides in the conflict to stop the violence.

Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.

China raised its imports of the fuel by 50 percent last year to around 38 million metric tons.

ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.

OPEC was discussing ‘soft targets’ of around 1.8 million bpd for Nigeria and 1 million bpd for Libya.

Trump is expected to have a decision on the nuclear deal as early as Friday.