A journey through Jharkhand reveals why coal remains embedded in India's economy, politics and daily life — and what it would take to break free. Read more: https://t.co/knjbnVg77o📷️: Clara Ferreira Marques/Bloomberg https://t.co/kKeISAiIoK ...

British oil giant BP just announced a new CEO, marking its fourth chief executive shake-up in the last six years alone. The company named Meg O'Neill, who previously led Australia's top oil and gas company Woodside Energy, to the role. O'Neill will become the first woman to hold the top executive spot at one of the world's biggest oil companies. She said that she looks forward to working to "accelerate performance†at BP and plans to prioritize shareholder growth and reestablish BP—now a possible takeover ta ...

Tell us then, David, about what we know about Meg O'Neill and what she's achieved at Woodside. Morning megadeal may be an unfamiliar name to people in Europe, to too many in the market and in London and those around BP. But she's an she's an incredibly well known figure in Asia, and particularly in Australia.Now, a really experienced veteran fossil fuels executive 20 plus years at an X on and a real focus on engineering and operations. She became the CEO of Woodside, Australia's biggest oil and gas company, ...

Core Insights - Meg O'Neill is a prominent figure in the fossil fuel industry, particularly known in Asia and Australia, and has been the CEO of Woodside since 2021 [2][3] - Under her leadership, Woodside has achieved operational excellence and made significant moves, including a billion-dollar acquisition of oil and gas assets from BHP [2][3] - O'Neill has shown ambition by attempting to acquire Australia's largest rival, although she ultimately decided against the deal due to value concerns [3] Company Strategy - O'Neill is recognized for her strong defense of fossil fuels, emphasizing the continued need for oil and natural gas for decades to come [3][5] - BP's recent strategic shift back towards fossil fuels aligns with O'Neill's expertise, making her an appealing choice for leadership as the company aims to reset its strategy [5][6] - Her track record at Woodside demonstrates her ability to enhance existing assets and strategically consider new acquisitions, which may address investor concerns about BP's pace of strategic movement [5][6]

China’s fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand https://t.co/3uRDUHNZse ...

I want you to take a second and think about your childhood. cast your mind back to those simpler days when all we had to do to fix all of our ecological problems was to remember a conveniently alliterative phrase. Reduce, reuse, recycle.What a time. What a scam. Plastic recycling is the red herring of the century.It brilliantly messages us away from holding the companies that are creating the pollution accountable and instead urges us to police our friends, our families, and ourselves. The Washington Post r ...

The Energy Department is renaming its National Renewable Energy Laboratory to the National Laboratory of the Rockies, a rebranding to align it with the Trump administration’s focus on fossil fuels https://t.co/daf9TajFoX ...

The European Union is closing in on a deal to phase out Russian fossil fuels, a move that will embed into law the end of the bloc’s reliance on its former top energy supplier https://t.co/vxQypIhzFx ...

Brazil's Marina Silva said the "gravitational pull" of the US helped undermine the plan at COP30 for a road map to exit fossil fuels https://t.co/OADwGeTsu8 ...

Core Insights - Equinor plans to drill 250 oil and gas exploration wells in Norwegian waters over the next decade to maintain production levels in 2035 similar to those in 2020, reflecting expectations of sustained global fossil fuel demand [1][2] - The company will allocate approximately Nkr60 billion ($5.86 billion) annually to support output from Norway's aging continental shelf, indicating a significant industrial commitment [2] - The International Energy Agency (IEA) forecasts that global oil demand could reach around 113 million barrels per day by mid-century, a 13% increase from 2024 levels, suggesting a long-term growth trajectory for fossil fuels [3] Financial Performance - Equinor reported an adjusted operating income of $6.21 billion in Q3 of this year, a 10% decline compared to the same period last year, influenced by a decrease in liquids prices [4][5] - The decline in income was partially offset by increased production levels and higher gas prices in the US, highlighting the company's adaptive strategies in a fluctuating market [5] Industry Context - The CEO of Equinor acknowledged that the company had been overly optimistic about the rapid adoption of low-carbon technologies, indicating a broader industry reevaluation due to rising costs and political challenges [3] - The renewable energy capacity development targets have been reduced by Equinor, following similar actions by other European energy companies, as the renewables market faces significant challenges [4]