BP criticized for plans to spend more on oil and gas projects than on green energy
16:32 29.12.2022 5423
British oil and gas corporation BP has been criticized for planning to spend twice as much on oil and gas projects as it does on renewable energy investments next year. This is reported by The Guardian newspaper.
The publication writes that BP intends to invest $7.5 billion in hydrocarbons annually from 2023 to 2025. The amount of $3-5 billion a year is allocated for the development of «low-carbon» energy projects. In the future, this figure may increase to $4-6 billion.
“A company's spending can tell a lot about its priorities. It's amazing that in the midst of the climate crisis, BP plans to invest several billion more in fossil fuels than in clean renewables,” Friends of the Earth spokesman Mike Childs said.
One of the leaders of the UK Green Party, Adrian Ramsey, noted that, despite statements about their commitment to the environmental agenda, oil and gas corporations «remain determined to make as much money as possible from oil and gas.» He appealed to the authorities with a call to put pressure on large companies.
Serdar Berdimuhamedov congratulated the people of Turkmenistan on Eid al-Adha
President Serdar Berdimuhamedov congratulated the people of Turkmenistan on the holiday of Eid al-Adha.
Tajikistan intends to increase imports of liquefied natural gas from Turkmenistan
Tajikistan, which has so far imported liquefied natural gas mainly from Kazakhstan and Russia, will now expand the geography of supplies, Minister of Energy and Water Resources of the Republic Juma Daler said at a press conference, Interfax reports.
Gurbanguly Berdimuhamedov: one of the priorities of cooperation between Turkmenistan and China is the fuel and energy sector
One of the priorities of cooperation between Turkmenistan and the People's Republic of China is the fuel and energy sector. This was stated by President of Turkmenistan Gurbanguly Berdimuhamedov in an interview with Chinese media before his trip to China to participate in the opening of the 2022 Winter Olympic Games in Beijing.
Corporation “Turkmenenergo” will build solar power plants in remote areas of Turkmenistan
In remote settlements of Turkmenistan, the Turkmenenergo energy corporation plans to build solar power plants with a total capacity of more than 6 MW at the first stage. This was announced by the head of the service for the development of renewable energy sources “Turkmenenergo” Dovlet Allayarov at the International Scientific and Practical Conference: «Energy Prospects, New Technologies for the Development of Hydrocarbon Deposits”, which took place on Thursday in Ashgabat.
According to the results of January, enterprises of the fuel and energy complex of Turkmenistan ensured a high rate of production growth
The results of the work of enterprises of the oil and gas sector of Turkmenistan for January this year were presented by Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov at a government meeting, which President Gurbanguly Berdimuhamedov held last Thursday via video link.