The oil and gas company’s chair says ‘increased rigour and diligence’ required to maximise value for shareholders BP announced on Wednesday that it would appoint Meg O’Neill as its chief executive officer from 1 April next year, after an abrupt exit by Murray Auchincloss. O’Neill will become BP’s first chief executive appointed from outside the company, and the first woman to head any of the world’s top five oil companies. Continue reading... from The Guardian https://ift.tt/yuCx6mK via IFTTT
Despite nations’ pledges at Cop28 a year ago, the burning of coal, oil and gas continued to rise in 2024
There is “no sign” of the transition away from burning fossil fuels that was pledged by the world’s nations a year ago, with 2024 on track to set another new record for global carbon emissions.
The new data, released at the UN’s Cop29 climate conference in Azerbaijan, indicates that the planet-heating emissions from coal, oil and gas will rise by 0.8% in 2024. In stark contrast, emissions have to fall by 43% by 2030 for the world to have any chance of keeping to the 1.5C temperature target and limiting “increasingly dramatic” climate impacts on people around the globe.
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