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UK Politics · United KingdomBP has shelved plans to build a major hydrogen project in Teesside in a fresh blow to Ed Miliband’s net zero plans. The oil giant withdrew its request to the Government on Monday to build the project after it clashed with separate plans backed by Sir Keir Starmer to construct the largest data centre in Europe.See the Story
BP scraps plans for Teesside hydrogen and carbon capture scheme
75% Center coverage: 4 sources
Oil and Gas Sector · HoustonExxonMobil plans to cut its low-carbon spending by a third, the latest sign of a pullback on decarbonization across most big oil companies. In its latest corporate outlook, Exxon raised its 2030 targets for earnings and cash flow each by $5 billion. That should be possible without new capital spending, the company said. But it will require low-carbon spending to fall to $20 billion from $30 billion, following what CEO Darren Woods described as l…See the Story
Exxon plans to cut low-carbon spending by a third
100% Left coverage: 1 sources
