North Sea emissions down but tough decisions linger on targets
Decisions need to be made on major capital projects like electrification to meet 2030 targets.
emissions
Stepwise launches emissions reduction pilot with Serica Energy
Environmental services firm Stepwise has announced a pilot project with North Sea operator Serica Energy to reduce emissions from offshore oil and gas wells.
Taiwan commits to net-zero carbon emissions by 2050
Taiwanese President Tsai Ing-wen last week signed a major climate change law that introduces a net-zero carbon target for 2050 and a carbon fee system for large emitters.
Shell board hit with investor lawsuit over lack of climate ambition
Shell (LON: SHEL) faces a new front in climate litigation as a group of frustrated shareholders launch a lawsuit against the oil giant’s board in the UK.
India can add oil and gas while it chases green goal, Modi says
India, the third-largest greenhouse gas emitter, is planning for an expansion of its oil and gas sectors even as it aims to hit net-zero by 2070.
India says its path to net zero must pass through fossil fuels
India defended its use of fossil fuels citing energy security priorities, even as the country vowed to remain committed to decarbonisation.
Bangladesh leans to coal power as renewables face challenges
Bangladesh is set to increase its coal-based power generation capacity to ensure supply security at a time when many other countries are focussing on cutting dependency on thermal coal power to achieve climate goals.
Honeywell wins CCS technology deal in Thailand for PTTEP
Honeywell has been selected as the carbon capture technology provider for PTT Exploration & Production (PTTEP) at the Arthit carbon capture and storage (CCS) project for the Arthit gas field in the Gulf of Thailand.
Japan’s INPEX pursues giant CCS hub as part of clean energy future in Australia
Carbon capture and storage (CCS) will form a key plank in INPEX’s (TYO:1605) efforts to progressively decarbonise its Ichthys liquefied natural gas (LNG) operations in Australia’s Northern Territory. It will also help Japan’s biggest energy company establish the foundations for the next generation of clean fuels.
‘Incredibly excited… but also sometimes daunted’: Wael Sawan on becoming new Shell CEO
Shell (LON: SHEL) has released its first interview with new CEO, Wael Sawan, on his challenges ahead in the top job.
Vietnam seals $15.5 billion deal with rich nations to exit coal
Vietnam has landed a $15.5 billion partnership with funders led by the European Union and the UK to help finance its transition away from coal.
India mulls plan to keep old power plants running for longer
India is discussing a plan to keep old power stations running for longer, arguing that they’re needed to meet demand until enough energy storage can be built.
Chevron seeks to bury Asia’s emissions in Australia
Chevron (NYSE:CVX) is studying plans to sell greenhouse gas storage space in Australian underground reservoirs to polluters across Asia.
Woodside teams up with US carbon capture company LanzaTech
Woodside Energy and LanzaTech, a US-based carbon capture and transformation company, have announced a strategic collaboration after signing a deal.
Australia joins pledge to cut methane emissions 30% by 2030
Australia joined the Global Methane Pledge, becoming one of the last major developed economies to sign on to an effort to reduce emissions of the potent greenhouse gas 30% from 2020 levels by the end of this decade.
Shell emissions on course to drop this decade, but activist investor wants more
Shell’s (LON: SHEL) overall emissions are projected to drop this decade for the first time, new research has found.
Chevron delivers first ever carbon-neutral LNG cargo from Gorgon
Chevron (NYSE:CVX) has safely delivered its first shipment of offset-paired liquefied natural gas (LNG) cargo to CPC Taiwan’s terminal at Kaohsiung from the Gorgon project in Australia, the US giant said Thursday.
Japan starts carbon credit trading trial to hit climate goal
Japan this month began a trial trading of carbon credits at the Tokyo Stock Exchange (TSE) as the world's fifth-largest carbon emitter aims to create a nationwide market mechanism to meet its goal of becoming carbon neutral by 2050, reported Reuters.
Thailand launches first carbon credit exchange to curb emissions
Thailand this month launched its first carbon credit exchange, marking a major step toward the country’s goal to achieve carbon neutrality by 2050 and combat climate change.
ExxonMobil talks low-carbon future with Indonesia’s President
US giant ExxonMobil (NYSE:XOM) has met with Indonesia’s President Joko Widodo to talk about the importance of a lower carbon future and ways that Indonesia can continue to access reliable and cost effective sources of energy.
Australia aspires to be ‘renewable energy superpower’ after decisive climate change election
Australians voted in a new government that has vowed to end decades of inaction by one of the world’s highest per capita emitters. Now the fight is about just how quickly to make up for lost time.
Zero emissions LNG is a ‘credible opportunity’ for Australia says Worley
A road map for the future of Australia’s world-leading liquefied natural gas (LNG) exports has shown how the sector can transition to zero emissions with environmental and business advantages.
CCS adoption in Southeast Asia highly unlikely, reports IEEFA
Widespread adoption of carbon capture, utilisation and storage (CCUS) technologies in Southeast Asia remains highly unlikely, according to the latest findings from the Institute for Energy Economics and Financial Analysis (IEEFA).
Tullow emissions rise on Ghanaian flaring
Tullow Oil increased emissions in 2021 amid delays in installing gas capturing equipment offshore Ghana.
Neptune Energy: Cutting the mileage to slash emissions
The oil and gas industry has an essential role in supporting the UK Government’s ambitious plans for the transition to net zero.