BP chair rules himself out as next chief executive after Bernard Looney exit
Helge Lund has sought to reassure investors following Looney’s abrupt departure
Helge Lund has sought to reassure investors following Looney’s abrupt departure
Decision to halt wind farm project off UK coast points to wider issues
Norwegian firm is outgoing partner in Corrib gas field
Iseq down 0.5% as travel and leisure names weaken
Key target to generate 5GW of power from offshore wind by 2030 could be in jeopardy
Firm expects to increase dividend by 4% in the first quarter of 2022 to $0.25 per share
Labour leader warns ‘perfect storm’ brewing over guarantee of power through winter
Big upfront costs for current generation but plan is fastest route to sustainable prosperity
No fear that new regulations will be undermined by big investors, insists O’Brien
Norwegian group pulling out of joint venture with ESB
Plan unveiled today will see €125bn invested in cutting emissions to meet targets
Think tank claims fossil fuel industry ‘still betting against’ global effort to address climate change
Facility to provide support for offshore wind farm
Field provides 95% of State’s natural gas production
Industry association submits ‘pragmatic’ plan to Government climate consultation
Moneypoint project will allow Ireland to become net exporter of renewable energy
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Partnership with Equinor will see 1.4GW offshore wind farm using floating technology
Oil major invests €928m in renewable assets from Norway’s Equinor
Iseq declines by almost 2% with banks and housebuilders amongst losers
The Scottish utility plans an expansion of its renewable power business to compete globally in the area of massive wind farms
Company had planned to boost payouts to investors to $125bn between 2021 and 2025
Seen & heard: Lenders add new Covid-19 conditions to mortgage offers
European Commission move allows State utility to apply for backing from €30bn fund
Authorities expect number of confirmed dead to rise significantly from 50
Ervia and Norwegian group Equinor weighing plan to trap and store carbon dioxide
Irish semi-state to explore potential for Irish carbon emissions to be exported and stored in the North Sea
September meeting to agree common policy as Brazil’s president continues Macron spat
Company also gains 10% interest in two blocks in English Channel
‘100% Club’ will launch on fringes of European Climate Innovation Summit
Private Norwegian trader among country’s highest earners in recent years
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