Thursday, November 21, 2024

Tag: BP

BP’s record profits draw criticism amid global climate crisis

Oil giant’s Q2 profits highlight the urgent need for a transition to sustainable energy.

Global oil demand to peak next year, BP predicts

The report focused on two main forecast scenarios—Current Trajectory and Net Zero—and predicted that oil consumption will peak at approximately 102 million barrels a day in 2025.

Oil companies use paid news media partnerships to protect ‘social license...

Content created by the in-house advertising studios of major media is coming under growing scrutiny.

Former BP scientist Steve Koonin claims climate journalists are spreading ‘hysteria’

Koonin argued that mainstream climate reporters shouldn’t be linking unprecedented wildfires and hurricanes to climate change.

Wait, what? BP CEO argues for more oil and gas spending...

“Climate crisis is a plague, Bernard Looney to the Hague.”

BP scales back climate targets as profits more than double

BP now plans to increase its oil and gas production over the next seven years.

‘They’re ripping us off’: BP profits could pay energy bills of...

"Big fossil fuel firms making eyewatering profits is a slap in the face for the millions of citizens struggling to heat their homes."

BP exploited Mexican communities hoping to benefit from carbon credits: report

A report published this month in Bloomberg Green said oil and gas company BP has been buying carbon credits from Mexican villages below market value, raising questions about the carbon credit market’s viability as a tool for transitioning companies to green practices.

Big tobacco got caught in a lie by Congress. Now it’s...

Here's the question for the Big Oil 4: will you apologize, here today, for your company's decades of lying about climate change?

Sanders wants big oil CEOs to testify at Senate climate hearing

“These companies are producing a significant percentage of the carbon that we use, which is destroying our planet, and we want to know what they are doing to transform their companies away from fossil fuel.”

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David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Trump’s Energy Department pick: A Fracking CEO who claims ‘there is no climate crisis’

Wright’s history of denying the severity of climate change raise critical questions about his ability to lead an agency central to energy innovation and climate policy.

Pentagon fails seventh straight audit amid $1 trillion military budget

Meanwhile, Congress continues to approve unprecedented increases in military spending, pushing the budget close to $1 trillion.

Protesters demand US Senate block weapons sales to Israel amid Gaza death toll exceeding...

Emblazoned with slogans like “Stop Arming Israel” and “Fund Housing, Not Genocide,” demonstrators gathered in the Hart Senate Office Building ahead of a pivotal Senate vote on Wednesday.

Senate rejects Sanders’ push to halt US arms sales as weapons fuel 44,000 deaths...

The Senate overwhelmingly voted against the measures, leaving advocates of peace and human rights questioning U.S. complicity in the alleged war crimes unfolding in Gaza.