Equinor and BP seal major North American offshore wind contract
Bosses at Equinor have heralded the firm’s latest contract win as a “game changer” for its North American operations.
energy transition
US fund managers at bottom of the pile as investors score low on climate goals
US fund managers are still lagging behind their European peers in putting pressure on companies and ensuring their investments align with climate change targets, a new report has claimed.
IEA to publish ‘world’s first’ comprehensive net zero roadmap in May
The International Energy Agency (IEA) has announced plans to produce the “world’s first comprehensive roadmap” setting out how to reach net zero emissions by 2050.
Financial benefits of spinning off renewables assets misses wider decarbonisation issue, warns HSBC
Europe’s oil and gas majors could access a wide pool of investors and “unlock value” by spinning off their renewables assets in initial public offerings (IPOs).
NECCUS funding award could ‘realise the ambition’ of north-east’s low carbon initiatives
It’s hoped the award of more than a million pounds to a Scottish decarbonisation group could help to “realise the ambition” of energy transition initiatives in the north-east.
Exploration drilling activity expected to recover in 2021, says Westwood Global
Offshore drilling activity on the UK Continental Shelf (UKCS) is expected to recover in 2021 with a dozen potential exploration wells identified.
Polluters make some net-zero progress, Climate Action 100+ says
Three years after some of the world’s biggest investors joined forces to pressure the largest producers of greenhouse gases to cut emissions, about half of them have made net-zero commitments.
Five actions to power climate change
As we endure these challenging times, the climate emergency persists, and the planet continues to be threatened. Without a strong and stable economy, the funds to invest in a greener, cleaner future simply won’t be there. Even with the fall in carbon emissions, our modelling shows that the pandemic will only reduce demand through to 2050 by 8%.1
Updated: Union estimates 12,000 North Sea jobs lost and warns of worse to come
A trade union boss has warned predictions that 8,000 jobs have been lost in the oil and gas sector due to the latest downturn are likely to be very conservative.
2020 – The year that never was
Few would disagree that the Covid-19 pandemic has made 2020 the most disruptive and distressing year in recent living memory. The effect on people’s lives and the thousands of deaths caused by this awful virus will be etched in our minds for a long time to come.
‘CCUS can not be used to justify continuing to emit carbon’ – CEE Bill Alliance responds to Energy Minister’s comments
The minister said we have to make the case for CCUS, there are going to be carbon emissions and we are going to have to capture them.
OGUK says Prime Minister’s emissions targets reinforce need for sector deal
Trade body Oil and Gas UK (OGUK) has restated the importance of Westminster following through on its promises of a “transformational” sector deal.
BP, Shell, OGUK, OGTC and others launch ‘Manifesto for Clean Growth’
A new “Manifesto for Clean Growth” unites public, private and third sector partners in a shared mission to identify the economic opportunities a net-zero future offers the Scottish economy.
Petrobras CEO calls net zero a fad, echoing Exxon oil focus
Petrobras is pledging a 25% cut in carbon emissions by 2030, but that hasn’t stopped Chief Executive Officer Roberto Castello Branco from dismissing pledges by peers to completely neutralize their carbon footprints two decades later.
WATCH: How Aker Solutions will power the change
Aker Solutions is committed to not only contributing to the change but accelerating it.
Executive conversation with AspenTech and Wood: Optimising operations in any market condition
Please join Antonio Pietri, President and CEO of Aspen Technology, and Darren Martin, Chief Technology Officer, Wood, for our upcoming Virtual Executive Conversation on December 3, 2020.
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.
Energy transition commitments could go some way to reversing North Sea pessimism
It’s hoped commitments to put energy transition “at the heart” of economic recovery plans could go some way to reversing negative trends in the oil and gas industry.
Expect any Biden climate plan to have big impact on energy sector
The Joe Biden climate plan, Energy sector experts breakdown what to expect as the new US President looks to change the country's climate change stance.
‘No political will’ for a just transition away from hydrocarbons, says union boss
Governments in Holyrood and Westminster have been accused of having “no political will” to support a just transition away from fossil fuels to clean energy.
Investor interest in renewables increases during pandemic
Half of investors feel renewables have become a more attractive proposition during the Covid-19 crisis, according to a new study.
ETIDEX: Greenpeace and lawyer at odds over North Sea activism
Greenpeace has been told that its activism in the North Sea crossed "the line” and “put lives at risk”, during the inaugural ETIDEX event from Energy Voice.
Energy transition: How to protect your intellectual property
The oil & gas sector has a vital role to play in transitioning to net zero by 2050, and in mature basins like the UKCS, much can be achieved. Innovation and technology will be key to unlocking many of these opportunities.
Total takes LNG bunkering record
Total has carried out the largest LNG bunkering operation ever, at the Port of Rotterdam on November 13.
Zero hour: Four ways governments can unlock green businesses at COP26
In the “business-as-usual” version of 2020, global leaders should have been gathering this week in Glasgow for the most important meeting on climate since the Paris Agreement five years ago.