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Sarah Mcfarlane

FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsSolarWind

BP seeks buyers for US natural gas pipeline system stake, sources say

BP could raise up to $3 billion from the sale of up to a 49% stake in the business.

Electric power transmission pylon miniatures and EDP Renovaveis logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration
BusinessElectricityHydrogenHydropowerIndustryInfrastructureNewsSolarStorageWind

Britain’s SSE rebuffed EDP proposal to merge, sources say

Portugal's main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did not progress.

ElectricityNewsSolar

Losing hope of rescue, some European solar firms head to US

Manufacturers supplying photovoltaic panels are being crushed by competition from China and the U.S., whose governments give more support to their producers.

BusinessFinanceNewsOilPolitics

UAE’s ADNOC recently eyed BP as takeover target, sources tell Reuters

The state-owned Abu Dhabi National Oil Company (ADNOC) ultimately decided BP would not be the right fit for its strategy, sources told Reuters.

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