Oil and Gas Energy Transition

News, analysis and insights into how major oil and gas companies are preparing for a lower-carbon future through mergers and acquisitions and new innovations as the energy transition changes business models and policies across the world.

BP drops plans for £400m heat and power plant

BP has decided not to go ahead with the Grangemouth combined heat and power plant, blaming a challenging business environment.

BP warns carbon emissions will rise without more policy action

Energy demand in the European Union in 2035 will be “back to where it was 50 years earlier”, despite the economy being almost 150 per cent bigger.

BP chooses cogeneration for Scottish oil terminal

BP has applied to the Scottish government to build a combined heat and power plant at Kinneil Oil Terminal in Grangemouth.

Change of mind on wind power for BP

British Petroleum has decided to not now sell its wind farm portfolio in the United States, a complete reversal of its announced wind power plant sale, made in April.

Capstone secures big order from oil and gas giants

Capstone Turbine Corporation (NASDAQ: CPST, has announced that it received orders totalling 2 MW from two large North American oil and gas producers.

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