KPMG targets energy transition with new specialist advisory practice
Accountancy firm KPMG has launched a new specialist energy lead advisory practice with the aim of supporting clients through the energy transition.
climate change
Generation 2050 manifesto serves as ‘fresh wake up call’ for energy bosses
Energy bosses have been served a “fresh wake up call” that the sector needs to accelerate progress to tackle climate change in order to attract top talent.
OGUK, Shell, Wood & Unite react to Boris Johnson’s ‘green industrial revolution’ plans
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
SSE faces backlash over COP26 sponsorship and Peterhead Power Station role
SSE, operator of the Peterhead Power Station, is facing backlash from various climate groups after being announced as one of the first sponsors of the COP26 summit in Glasgow.
UK businesses concerned by lack of skills required to tackle climate change
UK businesses are facing an era of unprecedented disruption and transformation as a direct result of climate change.
Occidental is first U.S. oil major to target net zero emissions
Occidental Petroleum Corp. became the first major U.S. oil producer to aim for net zero emissions from everything it extracts and sells, accelerating an industry trend that’s become commonplace in Europe.
Big oil has a long way to go on setting emissions targets
Just five of the 39 largest oil and gas companies have announced carbon-reduction targets that match levels needed to avoid a 2-degree Celsius temperature increase. And only 20 have taken initial steps to disclose how they plan to lower emissions produced by both their operations and electricity use, known respectively as Scope 1 and Scope 2.
U.S. climate reversal will see Biden join world’s green momentum
President-elect Joe Biden plans to push for the most progressive climate policy the U.S. has ever had, aligning the world’s second-largest carbon emitter with a growing group of nations aggressively tackling global warming.
Douglas Ross: We must prioritise North Sea jobs over climate change targets
Scottish Conservative leader Douglas Ross will argue today that protecting North Sea oil and gas jobs should be prioritised over climate change targets.
Biden will take a clear climate mandate into White House
Joe Biden will take office with something no U.S. president has had before: robust popular support for climate action, borne out in polling data and election results from a hard-fought campaign.
Shell tweet hijacked by US congresswoman and environmental activists
An online survey organised by Shell has made the headlines for the wrong reasons after it was seized upon by environmental activists.
Sturgeon says climate emergency, not Covid, remains world’s ‘greatest long-term challenge’
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.
Oil companies’ climate targets not what they seem
Two years ago, a group of the world’s largest oil companies announced a major commitment to fight climate change, promising to reduce methane emissions from their operations by 20 percent within seven years.
Banning petrol and diesel cars by 2030 would meet UK climate goal – Greenpeace study
The UK government must bring forward by a decade its ban on the sale of the most polluting cars if it wants to even come close to its climate change goals, new analysis showed.
Maersk Drilling sets ‘industry leading’ target to slash emissions by 50% by 2030
Maersk Drilling has set a new target to cut emissions from its operations by 50% within the decade.
Why the ‘friendless’ oil industry needs to reframe the debate for exploration and production
Reframing the debate: why we should be talking about how to improve exploration and production
Brits ready to hand government more power on climate change
The British public wants government to play a bigger role in tackling climate change, including bringing forward a ban on diesel and gasoline cars and taxing frequent fliers.
Greta Thunberg and activists meet Merkel to demand climate action
Young activists including Swedish teenager Greta Thunberg have met German Chancellor Angela Merkel to press their demands for tougher action to curb climate change.
New chair of Climate Ready Aberdeenshire steering group announced
Climate Ready Aberdeenshire (CRA) has appointed oil and gas veteran Sam Long as the new chair of its steering group.
Up to 15% of UK North Sea platforms could be reused for CCS, analysts estimate
Up to 15% of UK North Sea platforms could be reused for Carbon Capture and Storage (CCS) technology, according to new analysis from Boston Consulting Group (BCG).
Petrofac to replace ‘out of date’ climate targets
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
$3 trillion over three years could see world meet climate goals, IEA says
Plummeting carbon emissions and big government spending—two of the defining narratives of 2020 so far—could create an unprecedented opportunity for the world to meet the goals enshrined in the 2015 Paris climate change agreement, according to the International Energy Agency.
Wood targets 40% reduction in emissions by 2030
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
Green tech, climate policies could slash fossil fuel profits by two-thirds
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.
Delayed COP 26 UN climate talks rescheduled to November 2021
Key international climate talks postponed as the result of the pandemic will now take place in the UK in November 2021, a year later than scheduled, it has been announced.