Chevron (NYSE:CVX) plans to spend about $2.5 billion building up its hydrogen business this decade as the oil major accelerates investment in low-carbon technologies.
Yesterday's announcement by Sunak was far from destructive for the North Sea oil & gas industry given the generous projects investment tax relief, but it fails, as it turns out, in at least one critical way.
Chevron has announced the launch of its $300 million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all, it said.
Fresh from overtaking ExxonMobil as North America’s biggest oil company, Chevron has a “simple promise” to investors: higher returns and lower carbon.
The contribution decommissioning can make to the low carbon future will be a key theme at OGUK’s first ever virtual conference later this month.
Nicola Sturgeon has warned that climate change, not Covid, remains the “greatest long-term challenge” facing the world ahead of a key international summit in Glasgow next year.
The Scottish Government has unveiled a £100million Green Jobs Fund as the country aims to make a low-carbon recovery from Covid-19.
‘Encouraging’ number of inquiries for MSIP project as chief executive John Reid to move to advisory role
The man who led the Michelin factory in Dundee throughout its ramp-down and helped to establish the Michelin Scotland Innovation Parc (MSIP) will step down at the end of June.
The Oil and Gas Technology Centre (OGTC) has been handed £3 million in funding to help it take over the duties of another energy innovation facility.
Bringing about the energy transition needs to make “economic sense” and be socially and environmentally sustainable, according to Shell’s chief technology officer.
A consumer watchdog has urged Ofgem to bring people along on the road to net zero as the regulator presented its plan to help decarbonise the UK.
Damen Shipyards has announced it has taken a new 'low carbon' offshore vessel to the concept stage after calls from operators for lower emissions and increased on board comfort.
The Scottish Government has announced it is set to introduce a multi-million plan to ensure all new homes use renewable energy from 2024.
Aker Solutions has set out plans to derive 20% of its revenue from renewables and 25% from low-carbon solutions by 2030.
A new £30 million fund for low-carbon heating infrastructure is now open for projects to make applications.
The push to find low-carbon energy solutions is gaining momentum in the academic world and eclipses the effort being directed towards oil and gas and coal-related research by universities.
Britain's electricity system will be able to operate with 100% clean power by 2025, the company responsible for balancing the grid said.
Energy services giant Baker Hughes, a GE company (BHGE) today announced its commitment to eliminating its carbon dioxide emissions by 2050.
Green campaigners have welcomed moves by the Government to host major international climate talks in the UK in 2020.
As clean energy emerges into its bright post-subsidy future, many within the industry were eagerly anticipating announcements within the Chancellor’s Budget designed to boost the sector into its next growth phase. In the event however, the topic was not mentioned, ceding further ground to other priorities.
Environmental campaigners have criticised the government's u-turn on carbon tax as a "giant two-fingers" to the Paris Agreement.
To curb greenhouse gas emissions, nations, states, and major conurbations/cities should aim for a mix of fuel-saving, plus flexible and highly reliable sources of energy.
The Scottish Government published Scotland’s first Energy Strategy in December last year.
Energy giant Shell has announced that it is on the lookout for the UK’s most promising low-carbon businesses, offering a funding pot of £350,000.
The Scottish Government has launched a taskforce to help the country achieve a carbon-neutral economy.