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A service for energy industry professionals · Tuesday, November 26, 2024 · 763,951,737 Articles · 3+ Million Readers
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New York BP News Monitoring

  • Published on 00:31 GMT

    Former BP Oil CEO Joins AI Data Center Startup Prometheus Hyperscale

    Bernard Looney, former CEO of oil and gas giant BP plc, said on Sunday he will join AI data center start-up, Prometheus Hyperscale, as the chairman of the board of directors.  The Details: Looney resigned from his position at BP last year after an …

    Source: Benzinga - Neutral
  • Published on Nov 22, 2024

    What is 'peak oil' and when will we reach it?

    In 1956, M. King Hubbert, a US geoscientist working for fossil fuel giant Shell, projected — based on statistical modeling of known oil reserves at the time — that global crude oil production would peak around the year 2000, before diminishing and …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Nov 23, 2024

    Inside Big Oil’s war against transparency

    The first day of February 2017 was a good one for Rex Tillerson. That afternoon, the U.S. Senate voted 56-43 to confirm him to be secretary of state. The recently retired ExxonMobil Corp. CEO was sworn in at the White House a few hours later with his wife …

    Source: ICIJ - Neutral
  • Published on Nov 21, 2024

    Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows

    The world’s biggest consulting firm found that its clients were on a trajectory to bust global climate targets, details of internal forecasting in 2021 uncovered by the Centre for Climate Reporting (CCR) and the Guardian reveal. McKinsey & Company has …

    Source: The Guardian - Center-left
  • Published on Nov 22, 2024

    Meet the world’s most controversial climate capitalist

    Exxon Mobil Corp. once appeared to be the biggest corporate casualty of the ESG movement. An activist investor forced Exxon to replace a quarter of its board in 2021, largely because of the Texas oil giant’s inadequate plan for the energy transition. After …

    Source: The Hindu Business Line - Neutral
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