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Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. Indeed, Big Oil has finally accepted it will not transform into Big Green Power and has gone back to what it does best: hydrocarbons. In late February, when it made its very unsurprising admission, BP said it would boost spending on oil and gas production by 25% annually while slashing investments in transi
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As the world becomes more globalised, the idea of power-sharing is growing more popular. Several countries around the globe already have interconnected energy infrastructure, benefitting from one anothers natural resources to boost their power. Meanwhile, many countries are pursuing a green transition by investing heavily in the development of their renewable energy capacity.
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