Malaysia’s Petronas is almost doubling its yearly capital investment spend on new energy initiatives this year as it eyes a slow measured diversification away from the traditional oil and gas business.
Petronas MPM reckons there is at least 6 billion barrels of oil equivalent (boe) waiting to be discovered in Malaysia’s deep waters.
Chevron has announced the launch of its $300 million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all, it said.
Chevron will supply 0.5 million tonnes per year of liquefied natural gas (LNG) to Singapore under a carbon-conscious deal with the island nation’s Pavilion Energy.
Malaysian national oil company (NOC) Petronas and JERA - a joint fuel-procurement venture between Japan's Tokyo Electric Power and Chubu Electric Power – have signed a memorandum of understanding that will see the pair collaborate on a wide range of low-carbon energy initiatives, covering liquefied natural gas (LNG), ammonia and hydrogen.
Africa will not increase electricity access and limit carbon emissions, a new study has reported, undermining hopes for a potential “leapfrog” effect.
Trafigura has called for a new levy on marine fuels in order to reduce carbon emissions in the shipping sector.
Global emissions from energy held steady in 2019 for the first time in three years. But the restraint all came from the U.S. and Europe as developing countries boosted use of the most polluting fossil fuels.
BP will likely want to focus eyes on its production and away from profitability as chief executive Bob Dudley presents his final third quarter results on Tuesday.
ExxonMobil’s loss in a court case in Europe may translate into a gain for carbon prices in the continent’s emissions trading system.
A proposed new law to bring in tougher climate change targets in Scotland faces its first hurdle at Holyrood amid calls for more urgent action.
The UK's greenhouse gas emissions fell 3% in 2018 as pollution from the energy sector continued to fall, provisional Government figures show.
As a proponent of hydrogen being key to the UK’s atmospheric decarbonisation drive, I am concerned that hydrogen receives so little press when compared with carbon capture and storage (CCS).
Jobs in energy-intensive industries like the oil and gas sector will disappear from the UK unless technologies such as carbon capture and storage are taken forward, a leading expert has warned.
Europe’s $38 billion a year carbon market is finally starting to work the way it was intended, reining in pollution with a minimum of squealing from industry.
Statoil has made a slight but incredibly significant change to its brand.
Michael Gove is promising to deliver a “green Brexit”, which sets global gold standards on policies ranging from pesticides to wildlife protection and animal welfare.
European ministers are meeting to push ahead with ratifying the world’s first comprehensive climate treaty - a move which will see the deal come into force.
The “carbon footprint” for the pollution caused by UK consumption has increased slightly, official figures show.
Government support for new low-carbon industries should be targeted at communities hit by the demise of heavy industry, says a new report.
The Government has adopted climate targets which will require cuts to greenhouse gas emissions of 57% by 2030.
An increase in global energy investment of seven per cent could prevent millions of deaths from air pollution a year by 2040, the International Energy Agency (IEA) says.
European Union carbon allowances declined at the fastest pace since June 1 amid skepticism that the region will adopt a proposal by France to include a minimum price in almost-daily auctions of the contracts.
The UK is among more than 160 countries set to sign up to the world’s first comprehensive deal to tackle climate change at a ceremony in New York.
The UK’s greenhouse gas emissions fell below 500 million tonnes for the first time last year, as renewables hit a record 25% of the power mix, official figures show.