• Low carbon generation

    Pixie Chart of the week | European oil majors adopting clean energy approach

    Oil majors across the globe have been stepping up investment into clean energy over the past decade, with some having plans to invest up to 20% of capital budgets into low-carbon energy by 2030. Following Shell’s advancements in the clean energy space, historically through biofuel investment, but more recently through...

  • Commercial and market outlook

    Pixie Chart of the week | Global energy demand to plateau around 2030: McKinsey

    Consultancy McKinsey published its Global Energy Perspective 2019 in January 2019. It examines energy trends over the period to 2050 under a single reference scenario. Key trends detailed in the report include that electricity consumption will double by 2050 and gas use will continue to grow. However, McKinsey predicts that global primary...

  • E-mobility and low carbon

    Chart of the week | Moving up a gear: BP purchases Chargemaster

    The purchase of Chargemaster – the UK’s largest electric vehicle (EV) charging company – by BP for £130mn marked a significant development in the oil major’s entry into the EV space. This is the latest in a series of EV-related acquisitions from BP. This sees it increase its “mobility as...