As Covid-19 upends the energy market, BP is targeting a 40% decline in hydrocarbons and a leap in renewable power to about 50GW by 2030
Second-quarter earnings from each barrel of oil sold more than halved as lockdowns leave a glut of oil and gas
The R8.5bn sale of its air separation units at Secunda has dampened fears of a rights issue
The sale of the biggest oxygen production site in the world comes as the chemicals and energy group grapples with a R100bn debt pile
Fuel company is starting to see a recovery from the lockdown on its pan-African business
Fuel-station operator’s volumes fall 40% in April during Covid-19 lockdowns
Shares rise as the oil and gas producer says it will pay at least $250m as a special dividend
The Spanish energy firm said the writedown is based on lower oil price assumptions for 2020 and 2021 of $43 and $49 a barrel, respectively
The group says the low-density polyethylene plant is now expected to be in operation by the end of October
The oil producer expects North American drilling and completions spending to be down 50% compared to 2019
As the UK and France set laws for carton neutrality by 2050, oil and gas firms are getting ahead of the curve
Fracking behemoth says it's charting a 'fundamentally different course' after firing thousands of workers and slashing its dividend
Lower gas sales in Europe —Gazprom's key market — and sharply weaker rouble hit the Russian energy company's earnings
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South American company Enaex has acquired 51% of Sasol’s explosives business and is hungry for market share
The company's Free State site holds the first and only onshore petroleum production right in SA
The embattled energy group is in the midst of a $2bn asset disposal programme
Energy company’s dire second quarter threatens to have a long-lasting effect
Energy group says the sale will strengthen its balance sheet and deliver its divestments target a year earlier than planned
Kibo, which trades on the JSE and London’s AIM, will use the funds to address acute power shortages in Mozambique and Tanzania
