BP Slashes Its Oil Exploration Team by 85%, Starts Switching to Renewables

Reuters reports on big changes at BP (the company formerly known as British Petroleum):
Its geologists, engineers and scientists have been cut to less than 100 from a peak of more than 700 a few years ago, company sources told Reuters, part of a climate change-driven overhaul triggered last year by CEO Bernard Looney. “The winds have turned very chilly in the…

Exxon’s Plan For Surging Carbon Emissions Revealed In Leaked Documents

An anonymous reader quotes a report from Bloomberg: Exxon Mobil has been planning to increase annual carbon-dioxide emissions by as much as the output of the entire nation of Greece, an analysis of internal documents reviewed by Bloomberg shows, setting one of the largest corporate emitters against international efforts to slow the pace of warming. The drive to expand both fossil-fuel…

Oil giant BP says it will cut carbon emissions to net zero by 2050

BP says it will transform its business to meet a target of net zero carbon emissions by 2050, but green campaigners have criticised the firm for a lack of detailed plans Source: https://www.newscientist.com/article/2233428-oil-giant-bp-says-it-will-cut-carbon-emissions-to-net-zero-by-2050/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…