BP criticized for plans to spend more on oil and gas projects than on green energy
16:32 29.12.2022 5570
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.
More than 146,000 tons of oil were produced at the Seydi Oil Refinery in five months
194,457 tons of oil were processed at the Seydi oil refinery in January-May 2023. 146,000 295 tons from them are oil products: 77 thousand 100 tons of gasoline, 1,500 tons of fuel oil, 49 thousand 344 tons of diesel fuel, 10 thousand 744 tons of heavy vacuum kerosene, 7 thousand 577 tons of oil bitumen.
The leaders of Turkmenistan and China agreed to build a new gas pipeline to China
President of Turkmenistan Gurbanguly Berdimuhamedov held a meeting with President of the People's Republic of China Xi Jinping as part of his visit to Beijing last Saturday, the State News Agency of Turkmenistan reports.
Fuel oil and gasoline ECO-93 worth more than 52 million US dollars sold at the stock exchange of Turkmenistan
36 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan over the past week.
Presentation of a new book
The presentation of the book “Gurbanguly Berdimuhamedov Charitable Foundation for Assistance to Children in Need of Care”, published and presented to a wide readership in the “Year of Happy Youth with Arkadagly Serdar”, was held in the Central building of the oil and gas complex of Turkmenistan.
Another gas well has been commissioned at the Galkynysh field
The State Concern “Turkmengas” is carrying out large-scale work on the phased development of the giant Galkynysh gas field. During the current stage of operation of this field, the “Turkmengazburawlayysh” Administration, commissioned by the “Marygazchykarysh” Administration, drilled well No. 264, which is more than four thousand meters deep.