Big oil’s ‘problematic’ ESG claims alienate some investors
As companies across virtually all sectors try to latch on to the sustainability bandwagon, some investors are sounding the alarm.
sustainability
Repurposed oil rigs could be used to service Scottish fish farms under ambitious concept
Jack-up barges currently used in oil and gas operations could soon be refitted and deployed off the coast of Scotland to service fish farms.
Russian sustainability scores rise, but climate goal still lags
A disconnect between Russia’s climate policies and the sustainability ratings of some of its biggest companies highlights the challenges investors face in assessing environmental, social and governance performance.
Norway considers taking more activist role in future of Equinor
The largest political party in Norway is arguing that the state should take a more activist role in Equinor, sparking debate on how it will use its two-thirds stake in the oil giant going forward.
Sustainability and Covid-19
People questioning the oil and gas industry’s sustainability is not a new phenomenon. Far from it. For years oil companies, governments, investors and other stakeholders have questioned the sustainability of the industry and the need to address environmental, social and governance issues (ESG).
Armada’s robotic fleet to shoulder survey work
Ocean Infinity Group has announced the launch of its Armada project, which aims to cut emissions for survey work through the use of unmanned vessels.