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ft.com

Inside the failed green revolutions at BP and Shell

How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing off billions of dollars

giovedì 11 dicembre 2025 New tab

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Rivals cast eye over BP crown jewels even as Shell walks away

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UK energy major’s chief describes conditions as ‘challenging on all fronts’

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A COP of clumsy compromises

It is left to a coalition of the willing to start the hard work of phasing out fossil fuels

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Europe’s fossil fuel dependence poses risks to price stability

Repeated cost shocks make a transition to cleaner energy critical

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Big Oil heeds call to ‘drill, baby, drill’ as green transition slows

Energy groups are refocusing on exploration in anticipation of the world remaining hooked on fossil fuels for decades

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ExxonMobil to slash low-carbon spending by a third

Oil major will cut investment over next five years from $30bn to $20bn

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