Article by Oil Price
BP expects to book up to $5 billion in impairments for the fourth quarter, mostly related to its energy transition businesses, while oil trading was weak and gas trading averaged at the end of 2025. The fourth-quarter results are expected to include post-tax adjusting items relating to impairments, including impairments within equity-accounted entities, in the range of $4-5 billion, primarily related to the transition businesses, BP said in a trading statement on Wednesday, ahead of the full Q4 results, which will be published on February 10, 2026.
Article by McKinsey & Company
With now over a decade since the landmark Paris Agreement, the global focus on decarbonization and sustainability has unlocked tangible gains in renewable energy build-out and energy efficiency. To date, 77 percent of global economies have a net-zero target, either proposed or legislated.1 But with a key interim decarbonization milestone now under just five years away, the energy transition shows signs of slowing momentum—at precisely the time it needs to speed up if targets are to be met.
Article by The energyst
Schneider Electric, a global energy technology leader, reveals its 2026 predictions for the UK’s energy transition as it decarbonises its industries, buildings and power grids. The UK’s net zero economy could be worth up to £1 trillion in by 2030 – around one third of the value of the UK’s economy today – highlighting the major opportunity for growth, innovation and job creation. Electrification is pivotal, but businesses need long term stability and policy clarity to enable them to make investment decisions that shift the UK to a more sustainable future.
Article by World Meteorological Organization
Abu Dhabi, UAE / Geneva, Switzerland - Climate variability and long-term climate change are increasingly shaping the performance and reliability of renewable energy systems worldwide, according to the WMO–IRENA Climate-driven Global Renewable Energy Resources and Energy Demand Review: 2024 Year in Review, released by the World Meteorological Organization (WMO) and the International Renewable Energy Agency (IRENA).
Article by Renewables Now
AIP Management has raised about EUR 2 billion (USD 2.32bn) at the first close of its fifth energy transition fund, the Danish infrastructure fund manager said on Wednesday. The investment commitments represent about two-thirds of AIP V’s target of EUR 3 billion, coming from both existing and new investors. According to the IPE Real Assets news platform, the funding round has attracted investments from Retraites Populaire, Caisse de pensions de l’Etat de Vaud (CPEV) and Caisse Intercommunale de Pensions (CIV). Dutch asset manager MN has reportedly made a EUR-150-million contribution.