Now playing Next Economy Oil and gas giants see profits fall back after bumper 2022 The only company on the list with better full-year results than in 2022 was French Total Energies, which in February reported the highest net profit of its history for 2023. 06/03/2024
Now playing Next Markets TotalEnergies shares slide as company reports fall in earnings Shares in France's TotalEnergies declined on Wednesday morning after the company reported a 31% drop in fourth-quarter (Q4) earnings. 07/02/2024
Now playing Next Business BP sees profits for 2023 plunge, but still second highest in decade BP has been trying to transition into renewable and more sustainable energy for some time but has suffered a series of setbacks. 06/02/2024
Now playing Next Europe News Euroviews. Norway's latest plan for Arctic deep sea mining will inevitably sink Norway’s decision to open up the Arctic to mining may just be the spark that torches the industry’s entire future, Louisa Casson writes. 17/01/2024
Now playing Next Business Shell to sell huge part of Nigeria oil business in $2.4 billion deal The London-based energy giant has faced decades-long local criticism for the environmental impact of its oil exploration in Nigeria. 17/01/2024
Now playing Next Markets Euroviews. Oil price forecast for 2024: What’s in store for global crude? Despite the headwinds in 2024, consumers might be able to breathe a sigh of relief as oil prices are expected to remain range-bound or trend downwards as compared to 2023, Osama Rizvi writes. 25/12/2023
Now playing Next Green News Euroviews. COP28: A historic outcome, but for whom? To make the COP28 outcome truly “historic”, we need to free the talks — and our political and economic systems — from the oily grip of the fossil fuel industry, Pascoe Sabido writes. 18/12/2023
Now playing Next Kuwait Kuwait's ruling emir, Sheikh Nawaf Al Ahmad Al Sabah, dies at 86 His death comes after was rushed to a hospital for an unspecified illness in late November. 16/12/2023
Now playing Next Green News Climate activists targeted by hacking scheme say public is real victim The climate activists targeted by the hacking scheme say it had a "completely detrimental, chilling effect" on their work. 17/11/2023
Now playing Next world news Euroviews. If you’re saying no to war, you have to say no to oil Fossil fuels fund war. That might be a sentiment you’ve seen or heard before, plastered onto placards or shouted by activists. But what does it really mean, Lucy Hall writes. 02/10/2023
Now playing Next world news Euroviews. We have to back COP28. It’s the most ambitious climate plan in history If COP28 brokers a global climate deal on these proposals, it would help fast-track a just transition away from fossil fuels. If it fails, the chances of such a transition will be dangerously diminished, Prof İbrahim Özdemir writes. 29/09/2023
Now playing Next world news Euroviews. The EU can fight Big Oil's lawfare by ending the money train By suing governments due to climate action, fossil fuel firms are biting the hand that feeds them. There’s a simple solution: stop feeding them, Isabel Schatzschneider writes. 11/08/2023