Politicscommons.wikimedia.org BP to 'exit' its stake in Russian oil company Rosneft Russian holdings may become toxic for the Western oil industry.
Politics www.nytimes.com After a bruising year, the oil industry confronts a diminished future Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
Good News www.nytimes.com Europe’s big oil companies are turning electric Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.
Top Story www.nytimes.com BP reports a huge loss and vows to increase renewable investment The European oil giant has plans for a future with more electrical generation.
Politics www.nytimes.com BP prepares for a future that needs less oil The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.