Renewables
BP Expects Up To $4.5B Impairments for Q3
CEII brief
Rigzone reported on 13 Oct 2026: BP Expects Up To $4.5B Impairments for Q3.
Read the full story on Rigzone'These charges are primarily attributable to transition businesses in the gas and low-carbon energy segment'.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
