The chief operating officer of Maersk Drilling thinks companies like his taking “skin in the game” will be the future of the sector, moving away from commercial deals that put most of the risk on operators.
Three years after some of the world’s biggest investors joined forces to pressure the largest producers of greenhouse gases to cut emissions, about half of them have made net-zero commitments.
The Scottish Government has been praised for “raising the stakes” in the fight against climate change after it published updated proposals to slash carbon emissions.
The CEO of Brewdog has entered into a public spat with BP over its carbon emissions, comparing the energy giant to “Darth Vader”.
Scottish energy firm SSE has joined the “Race To Zero” campaign, pledging to reduce its carbon emissions to net zero by 2050 at the latest.
Two leading energy providers have partnered up to try and reduce emissions from heating in UK homes and other buildings.
Japan set an ambitious pledge for becoming carbon neutral by 2050 on Monday, without laying out a clear plan for reaching its target.
South Africa’s subsidy support for Sasol is inefficient and fails to achieve what it sets out to do, namely protect consumers from price shocks, according to the International Institute for Sustainable Development (IISD).
During the past four years, Vittorio Borelli spent about 50 million euros ($58 million) buying equipment for his company’s ceramic-making facility in northern Italy. New gas-fired kilns slashed the time necessary to heat porcelain at more than 1,000 degrees Celsius, saving energy and reducing carbon emissions.
Maersk Drilling has set a new target to cut emissions from its operations by 50% within the decade.
A Scottish energy transition group has applied for funding in an effort to push on with plans to decarbonise swathes of industry north of the border.
London's carbon dioxide emissions have fallen by almost 60% during lockdown, analysis suggests.
Last year saw the biggest falls in global electricity generation from coal and power sector carbon emissions since at least 1990, analysis suggests.
UK carbon dioxide emissions have fallen by 28% in the past decade, even as the economy has grown by a fifth, analysis suggests.
A BP boss in charge of energy transition efforts has teased “more to follow” on the eve of Bernard Looney’s coronation as chief executive.
The world continues to need investment in the oil and gas sector, according to most forecasts, but this is an increasingly difficult pitch for investors given concerns over carbon emissions.
More than half a billion tons of additional greenhouse gas emissions per year — equivalent to 8 percent of total U.S. emissions — may be generated by new oil, gas and petrochemical facilities in Texas and Louisiana, University of Texas researchers estimate.
Equinor has picked Aker Solutions to carry out a front-end engineering and design study for topside modifications to accommodate power from shore at the Troll B and C platforms.
The boss of British Airways has declared "our future has to be sustainable" as the airline begins offsetting carbon emissions from domestic flights.
The Scottish Government has been told it needs to "walk the talk" on plans to tackle climate change ahead of a global environmental summit in Glasgow.
Global carbon emissions have risen again this year - but more slowly than in the past two years, researchers have said.
Scotland. Proud home of the noble haggis, magnificent Highlands and, of course, Scotch whisky.
The UK's progress in reducing greenhouse gas emissions slowed last year, Ofgem has said.
A £50million centre aimed at making the UK North Sea the world’s first decarbonised oil and gas region is to be created in Aberdeen.