Global commodity trading house Gunvor said on Tuesday its earnings fell in 2024 as energy markets normalised from the extreme conditions that enabled trading houses to make record earnings in previous ...

European airlines took the opportunity of the recent Airlines For Europe summit in Brussels to drop a sustainability bombshell: Without urgent action, they said, reaching 6% usage of sustainable ...

Six Rotterdam-based parties will investigate how sustainably generated electricity, converted into hydrogen, can be used in the production of fuels. TNO, Stedin, Smartport, Uniper, BP Refinery ...

Gunvor's revenue increased to $136 billion in 2024 due to higher trading volumes, despite a decline in net profits attributed ...

BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about 30% less than the previous year, after the energy giant’s profits ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

It’s been almost 25 years since BP Plc. attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally friendly image. But with a recent swing away from green energy ...

This reinforces BP's commitment to Egypt and its growing energy needs', William Lin, BP EVP Gas & Low Carbon, said. Image by Ali Shahgholi via iStock In a release posted on its site recently ...

The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of premium motor spirit following the recent price cut, The PUNCH reports. A few days before the refinery announced a ...

CEO Murray Auchincloss is spearheading a $20 billion disposal programme through 2027 as BP looks to cut back on renewables while increasing spending on oil and gas. Sign up here. BP aims to cut ...

BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors ...