Unlike the European Union, Australia has no SAF requirements, but BP plans to convert an oil refinery in Kwinana and become Australia's first producer of the sustainable fuel from 2025.
Oil giant BP says it will exit its Rosneft stake worth $25 billion. Meanwhile, leases on over half the 980 jets in Russia may be severed by foreign firms because of sanctions.
Critics call for an end to favourable tax regimes for oil giants, which are again recording multi-billion-dollar profits while 'pushing our world closer to catastrophic climate change'
BP in 2019 bought a 49% stake in more than 1,400 petrol pumps and 31 aviation turbine fuel stations owned by Reliance for $1 billion
Consultancy's work is often not focused on reducing environmental impact, but instead on cutting costs, boosting productivity and increasing profits
BP's call comes in the wake of a spike in energy prices to record heights that threatens to derail a global recovery from the pandemic
(ATF) Natural resource-rich Australia, the world’s largest producer of liquefied natural gas (LNG) and the largest coal and...
(ATF) Energy giant Royal Dutch Shell said on Thursday it will invest up to $6 billion a...
This isn’t exactly the kind of news market embattled liquefied natural gas (LNG) producers wanted to hear, but...