, BP PLC announces dividend cut, shift to low carbon in second quarter results
BP PLC announced its new strategy for net-zero and a shift to low carbon and customers alongside resilient operating performance during its second-quarter results announcement.
, Six Out Of Ten Businesses Cut Investments in Sustainable Practices
COVID-19 has forced many companies to change their priorities and focus on ‘business as usual’ and guarantee their survival,
, Scientists use oxygen to improve energy transmission in Solar Cells
Oxygen molecule has been used by scientists to upconvert low energy light to high energy above the silicon band gap.
, Saudi Aramco Cuts 100s of Jobs to Cut Expenditure
Saudi Aramco, the world’s largest company by revenue, will be cutting hundreds of jobs across its divisions to meet the slump facing the oil …
, British oil giant BP cuts up to $17.5 billion from assets’ value
BP Plc will write down up to $17.5 billion from the value of its assets as the world’s six-largest oil and gas company revises …
, Nuclear Fusion Startup Bags $84 Million
U.S. clean energy startup, Commonwealth Fusion Systems (CFS), bagged an additional $84 million from investors in Europe and Asia. This money would help the …
, Intel Aims to Reach 100% Renewable Energy Use, Zero Waste By 2030
Tech giant Intel unveiled its environmental goals for 2030 recently, committing to cut down its greenhouse gas emissions and waste significantly. By the end …
, Rice University Invents “Artificial Leaf’ To Harvest Hydrogen for Fuel Tech
Green and sustainable alternatives to oil and gas fuels have been keeping researchers and scientists busy this century with climate change and environmental harm, …
, Sweden Follows Austria in Shutting Down Last Coal Fired Power Plant
Sweden has followed Austria and Belgium in shutting down the last coal-based power plant in the country. Sweden met this goal two years ahead …
, OPEC Oil Production Cut Falls Short Of Expectations, Crude Markets Still Unstable
The United States, which is heavily into shale oil production, is facing an abundance of supply that is at unsustainable levels with the crude prices so low.
, Demand for Gasoline Collapses to a Staggering 50-Year Low
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
, US Shale Oil Out Priced From the Market
The COVID-19 pandemic is a health calamity that may well end up changing the way the world operates in the post-pandemic world. The world …
, Climate Change: UK Carbon Emissions Hit Lowest Level Since 1988
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
, Anti-solar panel could generate electricity at night, researchers say
Solar panels don’t work at night or on cloudy days. But a researcher at the University of California is designing prototype anti-solar panels that …
, Netflix energy consumption increased 84 percent, says report
Netflix saw a 84 percent jump in its energy consumption in 2019, according to Environmental, Social and Governance (ESG) report that it publishes every year. …
, Venezuela Opting For Privatization Of State Oil Sector
Venezeula is considering ways to privatize the oil sector and is thereby allow joint-ventures to visit and exploit the oil fields of the country. …
, “Living Concrete” has smaller carbon footprint than most building materials
Concrete is the most widely-used substance on the planet, after water. If concrete industry were a country, it would be the third largest CO2 …
, Akademik Lomonosov: Facts about the Floating Nuclear Power Station
Russia’s state nuclear energy corporation, Rosatom, launched the world’s first floating nuclear reactor Akademik Lomonosov, and it recently covered 5,000 kms on its Arctic …
, Qatar is now air conditioning the outdoors to protect people from heat
Qatar takes the cake when it comes to determining who tops the list for hottest country in the world. In summer, temperatures peak a …
, Equinor and SSE to build World’s Largest Offshore Wind Farm at Dogger Bank
Norway’s Equinor and its British partner SSE Renewables will build the world’s largest offshore wind farm off the British coast. The wind farm, built …
, Litigation risks plague Saudi Aramco IPO dreams
The board of oil giant Saudi Aramco has determined that the long-awaited NYSE listing would harbor litigation risks. A final decision lays in the …
