A leading climate scientist has clashed with the head of the Oil and Gas Technology Centre (OGTC) on his view there is “no scope” for fossil fuels if the world is to meet climate goals.
ExxonMobil is exploring opportunities to invest in LNG-to-power projects in Vietnam as the country faces chronic electricity shortages and Hanoi welcomes US companies to fix a trade imbalance.
The coronavirus pandemic, together with a global collapse in oil price, has seen the offshore industry experience hugely turbulent times during the first half of 2020.
Japan’s largest utility company and a French state-owed investment firm have joined forces with floating wind firm Ideol to create a vehicle for financing 2 gigawatts of green power projects.
The world needs emissions cuts on a par with those delivered by the Covid lockdown every other year for the next 25 if it is to reach net-zero by 2050, BP’s chief executive said today.
The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that will be rooted to the seabed. This factory in the Danish countryside has churned out thousands of masts for wind turbines whose blades can stretch more than 500 feet. It’s an important contribution to a global wind revolution that’s supplying electricity to millions of homes worldwide.
Scottish Government officials have been accused of “riding roughshod” over recommendations from Moray Council planners about where wind turbines could be built in the region.
While many sectors have recently rediscovered the importance of resilience, it’s always been in the energy industry’s DNA. From hostile physical environments to volatile prices, the sector keeps the lights on for millions of households, whatever the circumstances. So, despite seized-up supply chains and plunging energy prices, the industry has largely endured and overcome the current challenges presented by the Covid-19 pandemic.
The rise of clean tech such as renewables, electric cars and climate policies could cut global fossil fuel profits by two thirds, a report warns.
In a sign of changing times, a U.S. oil refining company is converting one of its plants into a producer of clean fuel.
The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs.
Renewable energy in Africa looks set for a bright future, with increasing investment and growing incentives from states to develop green infrastructure. But what are the key legal and contractual issues that stakeholders should consider?
Thailand is issuing more liquefied natural gas (LNG) import licences as it attempts to liberalise its gas market and position itself as a regional LNG trading hub.
A group of Danish companies are joining forces to steer a project aimed at producing clean fuels for transport in Copenhagen.
The oil and natural gas capital of the world is going all-in on solar power.
KPMG is calling on the UK Government and business community to put the green agenda at the heart of its economic recovery plans.
The north-east’s local government pension scheme (LGPS) has invested in a renewable power fund set up by asset manager BlackRock in a show of commitment to the energy transition.
Belgium plans to switch off its last nuclear reactors by 2025, an ambitious move that will require significant investments in gas-fired power and renewables.
Going through old papers, as one does at times like these, I came across a story I wrote in the mid-1970s about the prospects for an oil refinery in Easter Ross. How time flies.
Almost two-thirds of the major wind farms currently proposed for Scotland are in the north of the country, new figures have revealed.
An oil refinery in northern Germany wants to turn excess wind power into green hydrogen to replace natural gas and produce synthetic fuels for aviation.
Offshore engineering firm Subsea 7 has announced a multi-million pound deal for a giant wind farm project in the Dutch section of the North Sea.
Government consultations are 10-a-penny but a current one on amendments to the Contracts for Difference scheme, which subsidises renewable energy developments, is a potential game-changer in key respects.
The growth of offshore wind development is “central” to the future of the southern North Sea, but won’t be “an easy thing to do”.
The deep and fundamental impact Covid-19 is having on the global economy is unprecedented, however, the shared global conviction to recover will be fast, and we expect that businesses which can pick up where they left off when things are safe will do so quickly.