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green energy

Energy Transition

Sunak plans roll back on green energy policies

UK Prime Minister Rishi Sunak said he would roll back some green energy policies while sustaining the country’s long-term carbon emission reduction target, a move that sparked a backlash among Tory MPs and created uncertainty for industry.

Opinion

Powering the North Sea

The North Sea region is at a critical juncture in its pursuit of sustainable energy. With the impact of the energy crisis of 2022 still being felt, the offshore energy industry is faced with a challenge: how to build a cleaner, more resilient energy system that can withstand the challenges of the future. This challenge requires not only innovation and new solutions, but also a willingness to collaborate across traditional boundaries, and a shared commitment to driving the transition to a more sustainable future.

Opinion

Decarbonising the power system: Can fusion be part of the answer?

Power generation accounts for approximately 30% of global greenhouse gas emissions, and carbon-emitting fossil fuels like coal and natural gas account for 61% of power generation. If the world is to meet the goal of net zero emissions, even as demand for power continues to rise, something has to give.

Promoted

Geothermal: it’s clean, renewable and ‘always on’

The energy crisis is deepening. There is little doubt that most economies around the world are facing a serious situation and, with recent reports suggesting one in four people in the UK will not switch their heating on this winter, that’s a chilling prospect for our population, particularly the elderly and vulnerable.

Opinion

Mind the cap

Record-breaking commodity prices resulting in sky-high gas and electricity prices have prompted calls for fundamental market reform. The European Union (EU) announced in September 2022 that it is looking to impose historic interventions in the energy market to rein in soaring commodity prices, including considering a levy on excess profits and potential gas price caps.

Asia

Thailand’s oil giant is going on a green spending spree

Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.

Oil & Gas

Singapore prepares to swap its oil hub status for greener future

Royal Dutch Shell announced late last year it would slash capacity by half at its biggest oil refinery. For Singapore, where the plant has been a mainstay of the economy for six decades, it marked a turning point in one of the most successful bets on fossil fuels in history.