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bp sells U.S. onshore wind business, continuing pivot back to oil and gas

Oil & Gas 360º

LS Power is a closely held New York-based energy developer, investor and operator. Chief Executive Officer Murray Auchincloss is seeking to demonstrate progress on a turnaround plan announced in February, which included a return to growing oil and gas production and divesting $20 billion of assets after abandoning a low carbon strategy.

Gas
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California Governor Proposes to Ease Permits for Oil Drilling

Rigzone

The bill would establish “plug-to-drill” permitting until 2036 where two wells would have to be plugged and abandoned before a new one is drilled. The governor is softening his stance toward the industry this year after refineries operated by Phillips 66 and Valero Energy Corp.

Oil
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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 Refinery inputs averaged 15.4 Meanwhile, global supply concerns persist as the U.S. GW capacity.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

Additionally, Texas lawmakers will hear legislation that seeks stricter rules regarding the structural integrity of above-ground storage tanks at chemical plants, refineries, electric power plants, and other similar storage facilities. Ron Reynolds, make up a two-fold strategy to limit natural gas flaring and venting in the state. [1]

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

Additionally, Texas lawmakers will hear legislation that seeks stricter rules regarding the structural integrity of above-ground storage tanks at chemical plants, refineries, electric power plants, and other similar storage facilities. Ron Reynolds, make up a two-fold strategy to limit natural gas flaring and venting in the state. [1]