On paper, 2022 should so far have been a prosperous time for any oil or gas company, as prices have skyrocketed. But as is often the case, reality looks quite different when all nuances are brought to the fore.
This is certainly the case for British supermajor BP, which comes out of the first quarter of the year with a deficit of USD 20.38bn. In comparison, the first quarter of 2021 came with a profit of USD 4.9bn.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Vattenfall secures public funding for hydrogen venture in the UK
By producing hydrogen directly from turbines, the utility wants to reduce energy loss and save money. The company has just received state subsidies to develop the first turbine of this kind in the UK, providing a much more efficient solution than other alternatives, says CEO Anna Borg.
Bargain: Massive hydrogen island could be ready by 2030 without any state subsidies
Copenhagen Infrastructure Partners, one of the world’s biggest green asset managers, presents its vision for yet another Danish energy island in the North Sea where wind power will be converted into green hydrogen.
Russia to cut off gas supplies to Finland
Gazprom will cease gas supplies to Finnish utility Gasum by Saturday morning.
CIP mulling German energy island in the North Sea
Allianz Investment Management and Copenhagen Infrastructure Partners will look into options for setting up an artificial energy island in the German part of the North Sea.
Vattenfall receives permit for Kriegers Flak
The Swedish Government has granted a construction permit to Vattenfall for a 640MW offshore wind farm in the Swedish part of Kriegers Flak.
Analytically strong coordinator for management support 
Project manager for Denmark's best internet 
Pipeline Manager 
Senior Market Director, Power Transmission 
Industry specialist and architect - Energy & Utility 
Strategic project manager for the green transition 
Director of technological development and projects in gas transmission 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Senior Logistics Site Manager 
Strategic Business Development Consultant 
Project Developer, Offshore Wind 
Engineer or physicist with an interest in energy, international work, supervision and regulation