A rebound in the oil price is unlikely to derail future hydrogen investments, industry experts have predicted.
With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.
The CEO of BP has described an IEA net zero scenario calling for the end of new oil and gas projects as “credible”, despite the firm planning major fossil fuel developments.
ExxonMobil CEO Darren Woods was dealt a stunning defeat by shareholders when a tiny activist investment firm snagged at least two board seats and promised to push the crude driller to diversify beyond oil and fight climate change.
Everyone you talk to agrees environmental, social, and governance (ESG) is critical to finance. Where people differ, though, is how best to achieve the goals this timely initialism sets out to capture.
BlackRock and Temasek have agreed to launch a series of investment funds focused on advancing decarbonization solutions to accelerate global efforts to achieve net zero by 2050.
BlackRock has raised $4.8 billion (£3.5bn) for a new fund to invest in renewable power assets around the world - almost double its initial target.
BlackRock’s Global Energy & Power Infrastructure (GEPIF) will acquire all publically held shares of GasLog, taking the LNG carrier private.
Former BP CEO Bob Dudley has said investors “need to have a little patience with the oil and gas industry” as it adjusts for the energy transition.
It is the hottest topic of all time for the energy industry. The energy transition that began more than 25 years ago is now central in the battle to curb and reverse runaway climate change within 30 years.
A group of international investors is buying a stake in ADNOC’s gas pipeline assets, which are valued at $20.7 billion.
BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia.
The north-east’s local government pension scheme (LGPS) has invested in a renewable power fund set up by asset manager BlackRock in a show of commitment to the energy transition.
Ithaca Energy is still planning to move ahead with a project to boost production from one of its flagship North Sea fields this year, despite deferrals and slashed spending.
An Aberdeen-headquartered company has successfully dismissed a £37m legal challenge around a major North Sea pipeline system.
Investors who want to reduce their environmental footprints are in a “real quandary” because oil and gas still offers better returns than renewables, an analyst has said.
Don’t know about you but my patience with certain politicians, the oil and gas industry and indeed a few entire countries is running just a tad thin nowadays. Why? Because I am not seeing the progress in dealing with climate change that I should be seeing.
Microsoft Corp. unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change.
Larry Fink struck an urgent note in his annual letter to America’s corporate executives: Climate change will upend global finance sooner than they might think.
Here’s the latest indicator of how hungry investors are to profit from clean energy: BlackRock just raised $1 billion for wind, solar and battery-storage projects.
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Simulator training to prepare crews for the specific drilling conditions at Blackrock off Shetland has proved so successful it is being rolled out across other projects.
The design for the Cambo field, west of Shetland, will take some of the sting out of a problem that has “held back” production from the area for decades, an oil company chief said.
BlackRock, the worlds largest investment fund management firm, is putting £5.3 trillion in assets at 'serious financial risk' through continued investment in the oil and gas sector, a new report has claimed.
The Abu Dhabi National Oil Company (Adnoc) has entered into a pipeline infrastructure investment pact with GIC, Singapore’s sovereign wealth fund.