BP

WASHINGTON — BP’s chief executive is set to announce Wednesday that the energy giant is walking away from its bold goal of increasing its renewable energy generation twentyfold by 2030, and instead will resume focusing primarily on fossil fuel production.... Read More

WASHINGTON — The Environmental Protection Agency granted a Clean Air Act permit to New York’s Empire Offshore Wind project, a critical step in advancing the development of the massive wind farm off the Long Island coast. The EPA issued the... Read More

HOUSTON — Oil and gas giant BP recently fulfilled a major goal of its renewable energy division, completing what it calls a “major” technology upgrade at its Fowler Ridge 1 wind farm in northwest Indiana. The upgrade included the installation... Read More

LONDON — Energy giant BP is investing $10 million in U.S.-based biofuels developer WasteFuel to advance its plan to develop a global network of facilities dedicated to converting municipal and agricultural waste into bio-methanol. The investment will enable Los Angeles,... Read More

LONDON — BP stunned the energy sector this week by announcing it is scaling back on its ambitious plans to cut oil and gas production after a dramatic increase in fossil fuel prices led to its highest annual earnings in... Read More

ALBANY, N.Y. — BP and partner Equinor have jointly entered a bid in New York’s third offshore wind solicitation, vying to provide the state with renewable energy from the Beacon Wind 2 lease area located roughly 60 miles off the... Read More

WASHINGTON — Rep. Frank Pallone, Jr., D-N.J., chairman of the House Energy and Commerce Committee ripped into four major oil companies who reported record high profits in the first half of the year as consumers continued to suffer sticker shock... Read More