Author: Business Enquirer
A recent BDO survey indicates that despite a new U.S. administration’s stance on ESG initiatives, over 75% of CFOs intend to sustain or boost sustainability investments, shifting focus toward operational efficiency and stakeholder expectations. A recent survey by accounting and advisory firm BDO reveals that more than 75% of Chief Financial Officers (CFOs) plan to maintain or increase their companies’ sustainability investments following the recent U.S. presidential election. This trend persists despite the election of an administration less supportive of Environmental, Social, and Governance (ESG) initiatives. Survey Overview The 2025 CFO Sustainability Outlook Survey, conducted by BDO, surveyed 500 CFOs…
ERLI, Poland’s second-largest online marketplace, has collaborated with DPD Poland to introduce the ERLI DPD Kurier service, aiming to provide efficient and cost-effective delivery solutions for e-commerce retailers. ERLI, a leading online marketplace in Poland, has partnered with DPD Poland to launch the ERLI DPD Kurier service, enhancing delivery options for e-commerce retailers. This collaboration seeks to address the growing demand for fast and reliable delivery solutions in the e-commerce sector. Service Features and Benefits The ERLI DPD Kurier service offers several advantages for both retailers and customers: Strategic Implications This partnership aligns with ERLI’s strategy to expand its service…
DPD has introduced Ottobot, an advanced autonomous delivery robot designed to enhance efficiency and sustainability in last-mile deliveries. This innovation marks a significant advancement in the UK’s logistics sector. DPD has unveiled Ottobot, a state-of-the-art autonomous delivery robot engineered to revolutionize last-mile logistics. This development positions DPD at the forefront of autonomous delivery technology in the UK. Key Features of Ottobot Ottobot is distinguished by its eight-compartment design, allowing it to carry multiple parcels simultaneously, with a maximum payload capacity of 70kg. This configuration enables the robot to complete multiple deliveries before returning to the depot for reloading, significantly enhancing…
BP Pulse has entered into a significant agreement with DPD to upgrade existing charging infrastructure and install new rapid (DC) charging stations across multiple UK depots. This collaboration aims to support DPD’s transition to an all-electric fleet, aligning with its 2040 net-zero target. BP Pulse has signed an agreement to upgrade existing charging infrastructure for DPD and install new rapid (DC) charging stations across dozens of its UK depots. The first phase of installation and upgrade is underway, with 14 sites already operational and a further 16 sites planned for delivery in the new year. Strategic hub locations include key…
BP has entered into a significant agreement with the Iraqi government to redevelop four major oil and gas fields in the Kirkuk region. The $25 billion project aims to enhance production capacity and rehabilitate existing facilities, marking a strategic shift in BP’s energy strategy. BP has announced a landmark agreement with the Iraqi government to redevelop four major oil and gas fields in the Kirkuk region, located in northern Iraq. The deal, valued at up to $25 billion over its lifespan, signifies a substantial investment in Iraq’s energy infrastructure and a strategic shift in BP’s operational focus. Project Scope and…
Saudi Aramco has entered into an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, aiming to expand its downstream operations and retail network in the Philippines. Saudi Aramco has announced an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, a significant move to enhance its downstream operations and retail presence in the Philippines. The financial details of the transaction have not been disclosed. Strategic Expansion into the Philippine Market Established in 1966, Unioil Petroleum Philippines operates a network of 165 retail stations and four storage terminals across the Philippines. The company offers a range…
In a recent op-ed, Texas Railroad Commissioner Wayne Christian calls for the elimination of government subsidies across all energy sectors, arguing that market forces should determine energy viability without taxpayer-funded support. In a recent op-ed published on February 25, 2025, Texas Railroad Commissioner Wayne Christian expressed strong opposition to government subsidies for energy production, advocating for a free-market approach where energy technologies must stand on their own merit without taxpayer-funded support. Christian’s stance challenges the prevailing practice of subsidizing various energy sectors, including both traditional fossil fuels and renewable energy sources. Critique of Subsidies Across Energy Sectors Christian’s critique extends…
Firmus Energy, a leading gas supplier in Northern Ireland with 110,000 domestic customers, has been sold to the Irish company Yuno Group. This acquisition marks a significant development in the region’s energy sector. Firmus Energy, a prominent gas supplier in Northern Ireland serving approximately 110,000 domestic customers, has been acquired by the Irish company Yuno Group. This strategic acquisition is poised to impact the energy landscape in Northern Ireland, potentially leading to enhanced services and competition in the market. Details of the Acquisition Yuno Group, an Irish energy company, has completed the purchase of Firmus Energy, marking a significant expansion…
Equinor and Shell have announced plans to merge their UK offshore oil and gas assets, forming a new company poised to become the UK’s largest independent producer. This strategic move aims to enhance domestic energy security and extend the lifespan of existing North Sea resources. In a significant development for the UK’s energy sector, Equinor UK Ltd and Shell UK Limited have revealed plans to combine their UK offshore oil and gas assets into a new company. This joint venture is set to become the UK’s largest independent oil and gas producer, with the goal of sustaining domestic production and…
In a historic shift within the UK’s energy sector, Octopus Energy has overtaken British Gas, securing the largest market share in domestic energy supply. This milestone marks the first change in market leadership since the 1990s’ energy market liberalisation. In a significant transformation of the UK’s energy landscape, Octopus Energy has emerged as the nation’s leading domestic energy supplier, surpassing the long-standing dominance of British Gas. This development, reported by Cornwall Insight, indicates that Octopus now holds a 23.7% share of the domestic energy market, slightly ahead of British Gas’s 23.1% share. This marks the first time since the energy…