About: oil majors
BP’s oil exploration team swept aside in climate revolution
Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.
Oil and gas majors must cut production by a third to meet climate targets: report
The world's largest oil and gas companies must cut combined production by 35% by 2040 if nations are the meet the collective ambitions of the Paris Agreement and limit global warming to below 2C, a new report from Carbon Tracker has found. EURACTIV's media partner edie.net reports.
Why France’s Total will not sponsor the Olympics in Paris
Although it has not yet made its decision public, France's oil company Total will not be a partner of the 2024 Paris Olympics. EURACTIV's partner La Tribune reports.
Big oil’s ‘double speak’ on climate exposed in new report
The world’s five largest listed oil and gas companies have spent more than $1 billion touting their climate credentials since the Paris Agreement was signed, whilst lobbying to protect and expand their fossil fuel operations, according to new analysis published on Friday (22 March).
European oil majors better prepared for energy transition than US, Chinese counterparts
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.