Incoming CEO Meg O’Neill is being handed a clean slate at BP, following the company’s decision to write down $5 billion of green energy assets. The massive impairment charge clears the books of overvalued transition businesses, allowing O’Neill to start her tenure in April without the burden of past strategic missteps.
The writedowns are a direct result of the company’s pivot away from renewables. By...
"Tariff wars and trade wars have no winners," warned a spokesperson for the Chinese embassy in Washington, as President Donald Trump imposed a 25% tariff on countries trading with Iran. The warning from Beijing highlights the potential for this dispute to spiral into a global economic conflict. Trump’s order, aimed at punishing the Iranian regime for its crackdown on protesters, effectively forces China to...
President Trump's bold declaration that US oil companies are ready to invest billions in Venezuela has generated conspicuously little enthusiasm from the energy industry....
The global oil industry has recorded its steepest annual price decline since COVID-19 struck in 2020, with values plummeting approximately 20% during 2025. This...
Global commodity markets are experiencing dramatic precious and industrial metal appreciation, with copper surging over 35% while silver reached record highs, lifting mining company...
China has implemented extensive sanctions targeting America's defense industrial base following President Trump's authorization of an unprecedented arms sale to Taiwan. The measures affect...
Beijing has announced provisional anti-subsidy tariffs of 21.9% to 42.7% on European Union dairy products starting Tuesday. Most affected companies will face duties around...
Frank Aaskov's role as director of energy and climate change policy at UK Steel positions him to provide detailed sector-specific analysis of how carbon...
App developers face new opportunities and challenges from the expanded device portfolio, particularly with the introduction of fundamentally different form factors like foldables. Applications...
Sora platform evolution is accelerating with access to Disney's character library through a $1 billion investment deal. The OpenAI partnership with Disney spans three...
Recent studies on global urbanization trends reveal new challenges for city planning, including congestion, housing shortages, and infrastructure strain. Rapid population growth in urban...
