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BP’s great reversal and the return of energy realism
By Sola Adebawo BP’s recent decision to eliminate its standalone Low Carbon Energy division and reorganize around upstream and downstream hydrocarbons is more than a corporate restructuring. It is one of the clearest signals yet that the assumptions underpinning the…
BP maps $1 bn for EV charging across US
European oil major, BP, has taken strong steps toward its transformation to an integrated energy company. The company announced plans to invest a billion dollars into electric vehicle (EV) charge points across the United States by 2030. The company stated…
Fossil to account for 20% of energy mix by 2050
Sopuruchi Onwuka The highly credible BP energy outlook holds that the world will displace some 60 percent of fossil fuels with greener renewable energy in the next 28 years as the prevailing energy transition continues to gather momentum in response…
