Republicans in Congress have drafted plans for a significant increase in oil, gas, and coal lease sales in order to foot the bill for President Trump’s tax cut plans, Bloomberg has reported ...

Natural gas is increasingly becoming a key player in the global energy mix. For companies focused on drilling oil and natural gas ... and consumers rely on cloud computing, streaming services ...

Under Auchincloss’ predecessor, Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.

BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said ...

GlobalData also notes the increase in collaboration between oil and gas companies and technology vendors, enabling the diversification of robotic use cases with the integration of AI, IoT, cloud, and ...

With the help of AI and cloud computing, the oil and gas industry's future is one of optimism and potential. The review showed a significant increase in production when applying AI technology, ...