BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate concerns are starting to impact the investment decisions of the world’s largest fossil fuel producers.
While it is becoming commonplace to hear the names of investors reported alongside the names of their investee companies who have acquired UKCS assets, obtaining investment in oil and gas projects remains a complex area for independent oil and gas companies looking to grow their presence, or international organisations hoping to invest in the UKCS.
The Offshore Europe conference chairman has said there is a “strong likelihood” that climate change protesters will target the biennial showcase in Aberdeen this week.
Cutbacks and slow progress on policies to tackle climate change must be urgently reversed if the UK is to meet its new legally-binding net zero target, MPs have said.
Donald Trump's decision to cancel a visit to Denmark next month after the prime minister described his plan to buy Greenland as "absurd" has taken the Danish royal palace by surprise, a spokeswoman said.
The Mariner field is a “natural fit” for Equinor’s portfolio, despite growing pressure on the energy transition and climate change.
Equinor has hailed a major milestone for the North Sea oil and gas industry with first production from its giant Mariner field.
Climate activist Greta Thunberg has said she will not waste time speaking to President Donald Trump as she heads across the Atlantic on a racing yacht to attend UN summits on global warming.
Climate change activists made their way to Elgin yesterday to protest as energy bosses met in the town.
A failure to tackle climate change will bring great "social unrest" and increased pressure from immigration, Sir David Attenborough has warned.
The Government has a "ramshackle, Dad's Army" approach to making sure England can cope with the impacts of rising temperatures, its climate advisers warn.
Climate change and the energy transition have competed for media attention recently, pushing Brexit-focused news off the front page and giving us the ideal opportunity to highlight why our industry is going to be needed now more than ever.
It did not take long for declarations of a climate emergency to prompt the kind of episode they are assumed in some quarters to legitimise.
One of Exxon Mobil Corp.‘s largest shareholders, Legal & General Group Plc, has divested 19 of its funds from the company and will ask its clients if it can withdraw more money, saying the oil and gas producer isn’t adequately addressing climate change.
The UK looks set to host major international climate talks in 2020 - after reaching a deal with Italy over rival bids to hold the UN meeting.
European Union leaders plan to underscore the importance of the fight against climate change when they meet next week, though their words will stop short of a mandate to move toward zeroing out fossil fuel emissions.
The UK is to set a legally binding target to end its contribution to climate change by 2050, Prime Minister Theresa May has announced.
Scotland has missed its latest climate change target, prompting calls from environmental campaigners for ministers to do more in the fight against global warming.
Labour has branded the Chancellor's claim that it will cost £1 trillion to achieve net zero carbon emissions "spurious".
A group of Moray schoolgirls looking to fight for their future have formed a climate change group and and kicked-off their efforts with a protest in Elgin on Friday.
If you’ve read the report by the Committee on Climate Change (CCC) entitled “Net Zero: The UK’s contribution to stopping global warming” then I hope you’re both as impressed with it as I am, but also horrified.
Emergencies are not to be taken lightly so I am waiting with interest to find what the UK Parliament and Scottish Government announcements of a climate change emergency add up to.
The oil and gas sector needs to “avoid annihilation” in the climate change debate and stop apologising for its products, an industry veteran said yesterday.
The head of Oil and Gas UK has warned the industry that it is not meeting the expectations of society around climate change.
Oil and Gas UK’s CEO will insist the industry must address the “real and present danger” of climate change at a major conference in Aberdeen later.