It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that’s exactly what Singapore state investor Temasek Holdings, which owns shares in two of the world’s largest rig builders, is attempting to do.
Harbour Energy has signed up to the World Bank’s ‘Zero Routine Flaring by 2030’ initiative.
Malaysia’s Petronas, which has yet to make a firm carbon-neutral pledge, will deploy solar energy at the group's assets across Malaysia to boost efficiency and cut carbon emissions as part of its sustainability agenda and “aspiration” of Net Zero Carbon Emissions by 2050 (NZCE 2050).
BP’s chief executive has raised concerns that the dramatic fall in carbon emissions seen last year may be “short lived”.
Shell has supplied Osaka Gas with its first shipment of carbon neutral liquefied natural gas (LNG) as the Japanese company strives to meet its 2050 net-zero goal.
China’s Sinopec has started building the country’s first large-scale carbon capture utilisation and storage (CCUS) project as part of its target to be carbon-neutral by 2050.
The Chevron-led Gorgon LNG venture in Australia will proceed with a $4 billion investment for the Jansz-Io compression development that will keep customers in Asia supplied with gas for decades. Significantly, the subsea compression project, needed to move the gas from the deep seas to shore, will be the first of its kind outside of Norway.
Carbon capture and storage (CCS) is seen as an essential requirement by the oil and gas industry for it to meet the targets of the Paris Agreement, however the only way it will become commercially viable is if companies collaborate to create shared-CCS hubs, according to Wood Mackenzie.
China’s long-awaited national carbon market is set to miss a government target to begin by the end of June, a new set-back to plans to create the world’s largest emissions trading system.
North Sea operators have launched a plan to slash methane emissions, one of the world’s most potent greenhouse gases.
The Premier of Western Australia, Mark McGowan, told the Australian Petroleum Production & Exploration Association (APPEA) conference on Tuesday that the state’s market share in renewable hydrogen exports in 2030 should be similar to its share of liquefied natural gas (LNG) exports today.
Andrew McConville, chief Executive of the Australian Petroleum Production & Exploration Association (APPEA), told delegates at the opening of the APPEA 2021 conference in Perth today that natural gas will play a vital role in reducing Australia’s and Asia’s emissions.
Australia’s Woodside has set new interim and long-term targets to hit net zero greenhouse gas emissions by 2050 at its Pluto liquefied natural gas (LNG) export project.
The Indonesian Ministry of Finance has announced plans to introduce carbon pricing in an effort to help finance clean energy projects and boost tax revenues, as well as cut emissions, in Southeast Asia’s largest economy.
The phrase “Energy Transition” is now a central theme in climate change terminology, but transition to what energy sources and over what time period?
UK oil and gas firms would have to fully electrify the west of Shetland and central North Sea basins to achieve government and industry’s green goals, an analyst has said.
A renowned petro-economist believes carbon pricing will be one of the “sticks” the UK Government uses to compel oil firms to invest in emissions-busting technologies.
Jersey Oil and Gas (JOG) has taken further steps to underline its ESG credentials with a new “carbon policy”.
Boris Johnson has announced a "world-leading" new legal target to cut the UK's greenhouse gas emissions by nearly four-fifths by 2035.
Investors are in the dark about the financial implications of emissions from Woodside Petroleum’s proposed Scarborough liquefied natural gas (LNG) development at the North West Shelf offshore Western Australia, according to the Institute for Energy Economics and Financial Analysis (IEEFA)
Energy giant BP has urged shareholders to reject a climate change resolution at its AGM in May amid claims its strategy is at odds with a key international pact.
Energy giant Total said today that a report into its climate commitments contained “numerous inaccuracies and falsehoods”.
The Government's legally-binding target to get to net-zero emissions by 2050 will be missed without urgent action to "decarbonise" the UK's housing stock, MPs have warned.
Repsol is studying the potential of a giant geological carbon capture and storage project in Sakakemang in Indonesia.
Singapore, home to the world’s largest bunkering port, is aiming to pioneer the world’s first ship-to-ship ammonia bunkering base to help decarbonise global shipping.