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BP Retreats Further From Green Energy With Archaea Sale
BP Retreats Further From Green Energy With Archaea Sale
Via City A.M.,
BP plans to sell Archaea Energy after the US biogas operation delivered weaker-than-expected returns.
Second-quarter adjusted profit climbed to $5.7 billion as Middle East disruption lifted oil and gas prices.
Meg O’Neill is simplifying BP’s portfolio, reducing debt and concentrating investment on its most profitable assets.
BP has announced that it will offload its US biogas business just days after confirming its exit from the North Sea, as the firm looks to shift its focus back to core oil and gas products.
The...
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Jul 24, 2026 / Tyler Durden
"I'm Not Racist": Musk Slams Snooty Leftist Interviewer, Says "I Support The Normal People"
"I'm Not Racist": Musk Slams Snooty Leftist Interviewer, Says "I Support The Normal People"
Authored by Steve Watson via Modernity News,
During a terse exchange, Elon Musk told the virulently leftist editor-in-chief of The Economist that civil war in Britain is inevitable on current trends - driven by rapid migration of people whose beliefs clash with Western civilisation.
In response, Zanny Minton Beddoes accused Musk of supporting the "far right," and amplifying racists.
Musk called the coming confrontation a "reckoning," rejected the racist smear, and turned the tables on an interviewer determined...
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Jul 17, 2026 / Tyler Durden
"Glaring Subsidization": Virginia Questions Cost Allocation For Data Centers
"Glaring Subsidization": Virginia Questions Cost Allocation For Data Centers
By Diana DiGangi of UtilityDive
Virginia Gov. Abigail Spanberger’s office, Meta, Google, Amazon, Microsoft and others weighed in on Dominion Energy’s proposal for allocating the cost of transmission projects driven by data center development at a hearing held by the Virginia State Corporation Commission on Tuesday.
Louise White, Spanberger’s deputy energy officer, said that the governor’s office wants the SCC to apply three solutions in the case: a “but for” cost causation standard; requiring transmission level-contributions in aid of construction, or CIAC, payments;...
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Oct 18, 2026 / Tyler Durden
Putin Proposes Summit With Trump And Xi To Negotiate End Of Ukraine War; Zelensky Not Invited
Putin Proposes Summit With Trump And Xi To Negotiate End Of Ukraine War; Zelensky Not Invited
Amid an escalating war that appears to get farther from any hope of a ceasefire, let alone peace, late on Sunday the WSJ reported that Vladimir Putin has proposed that he, President Trump and Chinese leader Xi Jinping meet next month to talk about Ukraine in an attempt to negotiate an end to the four-year conflict that would favor Moscow.
Citing people familiar with the discussions, the WSJ notes that the plan represents an effort...
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