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BP Chair to step down amid Elliott campaign for changes

Oil & Gas 360º

In a major reset back to oil and gas, BP said in February that it would increase its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year. Now is the right time to start the process to find my successor and enable an orderly and seamless handover.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

This new system, known as the EU ETS2, will focus on upstream emissions, targeting fuel suppliers instead of end consumers. 1 “EU Emissions Trading System: Scope of the EU ETS,” European Commission. An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027.