IOG commits to reducing scope 1 & 2 emissions to net zero as of this year
North Sea firm IOG, formerly Independent Oil and Gas, committed to scope 1 and 2 net zero status as of this year.
net zero
Campaigners approved to take UK Government to court on North Sea oil plans
A group of climate campaigners have received approval to take the UK Government to the High Court over its North Sea oil plans.
Quebec kills LNG plan citing IEA net zero plans
Quebec has officially rejected a proposed LNG export project, citing the International Energy Agency’s (IEA) net zero report from May.
Targets won’t make net zero happen, skilled people will: Energy Institute
With Energy Institute members having their say this week in the annual Energy Barometer, and the Government’s Green Jobs Task Force publishing its recommendations, EI President Steve Holliday FREng FEI welcomes fresh focus on the net zero skills issue…
Energy Institute in skills warning that net zero could leave workers ‘stranded’
The Energy Institute has said the majority of UK workers plan to train for net zero in the coming year, but concerns persist on cost, timing, and availability of courses.
Petronas starts solar initiative to power its assets in net-zero push
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).
‘Virtual’ Offshore Europe programme announced for September
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
UK could create 10,000 new green jobs by seizing CCUS ‘early mover advantage’
As many as 10,000 new green industrial jobs could be created by the middle of the decade if carbon capture utilisation and storage is immediately scaled up.
UAE eyes first net-zero by 2050 goal among major Petrostates
The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.
Petronas talks up New Energy business
Petronas, which has yet to make a firm carbon-neutral pledge, sees significant growth ahead for solar and wind, particularly as a hedge against volatile fossil fuel prices, Jay Mariyappan, head of the state-backed Malaysian company’s new energy business told the APAC power and renewables summit.
Storegga pushes forward with plans for ‘critical’ north-east direct air capture facility
Plans to develop a large-scale facility in the north-east, capable of removing carbon from the atmosphere, have taken a step forward.
Data collaboration ‘challenging but necessary’ for industry to meet net zero
Collaborating on the collection and use of data is a “challenging” but “necessary” step for the energy sector to reach net zero, an industry event has heard.
The Case for Data Decarbonisation – Part Three
This is the final in the three part series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. See for Part one and Part two.
The Case for Data Decarbonisation – Part Two
This is the second in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. For part one, see here.
Businesses urged to commit to net-zero emissions or risk being left behind
Businesses must commit to tackling climate change and those that do not move fast enough are in danger of being left behind, a senior Government minister has warned.
Shell ready to ‘rise to challenge’ of court ruling, CEO expects to appeal verdict
Shell’s CEO has said it will “rise to the challenge” after the supermajor was ordered by a Dutch court to drastically cut its emissions.
New programme to ‘unlock £200m of public sector investment’ for net zero
A new investment programme has been launched which will eventually unlock £200 million of public sector investment to help Scotland achieve its net zero target.
UK oil, gas and chemicals: How can the sector ensure its workforce is ready for net zero?
2050 sounds a long way away but in reality, it's not.
Woodside sets new emissions targets for Pluto LNG
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 case for data decarbonisation – Part one
This is the first in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data.
BP CEO calls IEA scenario ‘credible’ despite planning more oil and gas projects
The CEO of BP has described an IEA net zero scenario calling for the end of new oil and gas projects as “credible”, despite the firm planning major fossil fuel developments.
Malaysia’s Petronas doubles profits, eyes net zero
Malaysian national oil company (NOC) Petronas reported that profit after tax more than doubled year-on-year to MYR 9.3 billion ($2.26 billion) for the first quarter of 2021 on the back of recovering commodities prices and lower costs.
CCS is crucial for BP and Repsol investments in Indonesia
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
Total completes TotalEnergies rebrand
Total has officially changed its name to TotalEnergies as part of efforts to reflect its net zero ambitions.
Ørsted and POSCO team up for South Korean offshore wind and hydrogen
Denmark-based renewable energy developer Ørsted and South Korean conglomerate POSCO have signed a memorandum of understanding to expand their relationship as the North Asian nation seeks to significantly boost its offshore wind capacity.