In October 2022, BP announced the acquisition of Archaea Energy for $4.1 billion, including $800 million in debt. This can only be done with the approval of the regulatory authorities and the shareholders of Archaea. It’s done. Archaea Energy is now owned by BP.
the growth of its strategic bioenergy business. This can also be achieved through a development pipeline supporting a potential five-fold increase in RNG volumes by 2030.
A good deal for BP
With this purchase, BP has made a good deal and doubled its
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AI: une arme à double tranchant pour le secteur énergétique américain
L'intelligence artificielle offre des opportunités et des risques pour la sécurité énergétique américaine, nécessitant une gestion prudente des technologies émergentes.
CERN advances nuclear research with n_TOF
CERN is stepping up its research into neutron interactions with its neutron time-of-flight facility (n_TOF), essential for the development of advanced nuclear technologies.
Galp Energia: Sharp rise in first-quarter profits
Galp Energia announces a 35% increase in first-quarter 2024 earnings, building on the momentum of record profits in 2023.
Galp Energia: Forte hausse des bénéfices au premier trimestre
Galp Energia annonce une augmentation de 35% de son bénéfice au premier trimestre 2024, poursuivant ainsi sur la lancée d'un bénéfice record en 2023.
Russia: economic crisis at Gazprom in the face of sanctions and sabotage
In 2023, Gazprom posted a record loss of 6.4 billion euros, marked by international sanctions and the sabotage of its pipelines.
Investigation opened into Orlen’s alleged links with Hezbollah
The Polish National Prosecutor’s Office has launched an investigation into the Orlen oil group, following allegations of an executive’s links with Hezbollah and massive financial losses.
Dana Gas restarts production in Kurdistan after drone attack
Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
Saudi Aramco and the energy transition: a southern vision
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
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Investigation opened into Orlen’s alleged links with Hezbollah
The Polish National Prosecutor’s Office has launched an investigation into the Orlen oil group, following allegations of an executive’s links with Hezbollah and massive financial losses.
Saudi Aramco and the energy transition: a southern vision
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
United States: sharp rise in weekly crude oil inventories
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
Asian Development Bank accused of financing coal
Environmental organizations accuse the Asian Development Bank (ADB) of indirectly financing coal-fired power plant projects in Indonesia, despite its pledge not to support fossil fuels.
In Moselle, 20 years on, the legacy of France’s last coal pit
Two decades after the closure of the Houve shaft, the last in France, the former miners of Creutzwald in Moselle remain deeply attached to coal and their industrial heritage.
Australia: Metallurgical coal exports revised downwards
Australia revises downwards its metallurgical coal export forecasts for 2023-24, impacted by partially restored domestic production.
Zimbabwe: towards a new energy era with gas from Cabora Bassa
Invictus Energy boosts Zimbabwe’s economy with a major gas discovery, promising a renewed energy future.
Dana Gas restarts production in Kurdistan after drone attack
Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
Record US LNG and LPG exports in 2024
In 2024, US LPG and LNG exports reach unprecedented levels, driven by rising production and arbitrage opportunities.
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