Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
Plummeting carbon emissions and big government spending—two of the defining narratives of 2020 so far—could create an unprecedented opportunity for the world to meet the goals enshrined in the 2015 Paris climate change agreement, according to the International Energy Agency.
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
The rise of clean tech such as renewables, electric cars and climate policies could cut global fossil fuel profits by two thirds, a report warns.
Key international climate talks postponed as the result of the pandemic will now take place in the UK in November 2021, a year later than scheduled, it has been announced.
The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs.
The chief executives of 12 major oil and gas firms have written an open letter saying the Covid-19 pandemic won't delay climate action but has instead "sharpened" the focus on it.
Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleum Ltd. to invest in carbon-reduction projects.
More investment in broadband instead of building roads should be part of a "green" package of measures to rebuild the economy, climate advisers have urged.
The African Development Bank (AfDB) has denied that it plans to support the proposed East African Crude Oil Pipeline (EACOP).
Energy giant Shell has revealed its ambition to transform into a “net-zero emissions business” by 2050, at the latest.
A key climate summit in Glasgow has been postponed until next year due to the coronavirus outbreak.
Don’t count on America’s oil giants to join their rivals across the pond in ambitious efforts to cut carbon dioxide emissions.
A Bill has been introduced at Holyrood with the aim of furthering the development of community heating networks.
In the new age of sustainability, there are plenty of companies pledging to offset emissions in the race for net zero. While certainly an improvement over past years when a pledge to do 10% better was the standard, the trend has triggered skepticism that greenwashing is really what’s at work.
BP’s UK offshore business remains “vital” to the group, its North Sea boss said at the end of a momentous week for the supermajor, which set out ambitious emissions goals.
BP Plc’s pledge to zero out all its carbon emissions by 2050 deepens the divide between major European and American oil producers on climate change, increasing the pressure for Exxon Mobil Corp. and Chevron Corp. to do more.
Even before the deadly virus struck, another menace confronted the global energy industry: the warmest winter anyone can remember.
Judges and tribunals are increasingly being asked to determine claims involving climate change related issues. The trend has gained momentum in recent years in light of the global climate movement with a notable increase in climate change related claims brought by States and local governments against energy companies.
Pressure ‘to leave discoveries in North Sea’ will grow as COP26 climate summit approaches – Wheelhouse
Scotland’s energy minister expects public pressure to “leave discoveries in the North Sea” to grow as a major climate summit approaches this year.
Boris Johnson has axed the president of the major climate summit which the UK is hosting later this year.
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Exclusive: Figures show ‘resurgence’ for oil and gas university courses in Aberdeen following downturn
University chiefs have hailed a “resurgence” in applications to oil and gas courses in Aberdeen following a sharp drop during the downturn.
BP Plc’s outgoing Chief Executive Officer Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change, because their failure could lead to financial ruin.
Sainsbury's plans to invest £1 billion towards making its operations "net zero" by 2040 - a decade earlier than the UK's legal goal - it has announced.