Several major energy companies reportedly exited an advisory group that promoted draconian corporate climate targets after ...

The development of a global oil and gas emissions standard has been put on hold after industry players including Shell, Aker ...

This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...

Behind BP’s shiny net zero promises lies a strategy built on carbon offsets, vague targets, and continued oil expansion. This video exposes how Big Oil uses greenwashing tactics to appear ...

Oil giants Shell, Aker BP and Enbridge have withdrawn from the Science Based Targets initiative over climate rules requiring ...

BP to slash spending on net zero ventures as it focuses on oil and gas again The update is clearly aimed at bolstering investor support in light of the company’s flagging share price. Share this: ...

BP may abandon a pledge to reduce oil production levels by 25 percent by 2030 ... shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

Shell and other oil majors have withdrawn from the SBTi climate standard effort, triggering a pause in its oil and gas ...

The decision to give participating banks and asset managers five more years to invest in oil and gas was taken after new SBTi ...

A sign at a BP petrol station in London on Feb. 7, 2023. British energy giant BP has confirmed it is to slash spending on green ventures and up its oil and gas production.