BP in reset mode as Q1 profits slip back
Global energy giant BP posted a $1.4bn profit in the first quarter of 2025, about half its first-quarter profit a year ago, as a mix of corporate and market challenges impacted performance.
Global energy giant BP posted a $1.4bn profit in the first quarter of 2025, about half its first-quarter profit a year ago, as a mix of corporate and market challenges impacted performance.
Australian energy company Woodside has reached a final investment decision (FID) on its three-train Louisiana LNG facility, opening the prospect of production by 2029.
Power outages sweeping across Spain and Portugal today (28 April) have disrupted transport networks, industries and telecommunications, raising questions about the resilience of the Iberian energy grid and its reliance on renewables.
The Dutch government will allocate $726m towards construction of Aramis CCS – the Netherlands’ largest carbon capture project – after energy companies Shell and TotalEnergies withdrew part of their planned funding.
Sales of generators for on-site medical oxygen are driving growth at France-based engineering business Mil’s, which is seeing notably strong sales for its vacuum pressure swing adsorption oxygen generators.
Power outages which today hit Spain, Portugal, and parts of France have severely impacted industrial and consumer operations and underlined the need for grid stability and more secure networks.
Turkey recently released its industrial and technology strategy which targets 27 areas, covering everything from giant industrial parks and hydrogen fuel cells to carbon capture and storage (CCS) and digital infrastructure.
Renewable energy specialist NTPC Green Energy has partnered with the gas processing technology licensor Honeywell UOP India to explore production of sustainable aviation fuel (SAF) in India.
The UK Energy Secretary told Net Zero critics to “bring it on” as he said its government is committed to driving clean power at the close of the two-day conference in London on the future...
The European Commission has approved a €612m Portuguese scheme to lower electricity levy rates for energy-intensive companies.