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.
The fallout of the Covid-19 pandemic is set to significantly reduce global long-term energy demand, according to new research by DNV GL.
A new survey has been launched by Platform and Friends of the Earth Scotland to hear from workers in the oil and gas industry and supply chain about how COVID-19 and the oil price crash have impacted their working life. Hundreds of workers have already responded, detailing their experience in the industry, their fears around job security and what type of future they want.
A leading oil and gas lawyer has added his voice to predictions that Covid-19 will drive a spike in energy transition investments.
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.
The UK’s highly-skilled oil and gas workforce must be ‘retrained and redeployed’ to work in low carbon industries, according to advisors.
Shell's North Sea boss has said firms will be “very rapidly” challenged by the economics of reducing emissions, calling for collaboration, government and regulatory support.
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
Oil majors are “falling short” of global climate goals despite their updated emissions targets, according to a new report.
Shell will announce a major restructuring by the end of the year, according to a news report, as the firm makes a shift for the energy transition.
One in four UK oil and gas sector employees could be cut in the event of a prolonged downturn, with north-east Scotland expected to “bear the brunt”, new analysis shows.
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.
With the United Nations Climate Change Conference, COP26, postponed to 2021 due to the COVID-19 pandemic, the UK Government now has a unique opportunity to take action and lead the world in its response to climate change through this period.
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
In a sign of changing times, a U.S. oil refining company is converting one of its plants into a producer of clean fuel.
Former Bank of England (BoE) governor Mark Carney has said Covid-19 is likely to move the global energy transition “more to centre-stage” for investors.
For the previous few centuries, humans have been burning through fossil fuel reserves with somewhat reckless abandon. Yet in the 2020s, and based on extensive peer-reviewed research, we make five big and bold predictions linked to the future of energy systems and the social infrastructures that need them. The full report call be accessed via Reuters Events Energy Transition News and Content Hub, via the Energy Transition Report & Whitepapers section.
Energy giant BP has told shareholders its net zero transition is “deepened and accelerated” by the Covid-19 pandemic, but kept quiet on the fine print.
One of Scotland’s top economists has said the Covid-19 crisis may usher in a “window of opportunity” to support the north-east energy transition.
Scottish energy firm SSE has written to the prime minister with a “greenprint” to rebuild the UK economy in the wake of the Covid-19 pandemic.
Polish oil refiner PKN Orlen’s announcement that it will only complete the 1 GW Ostroleka power plant if it is fuelled by gas and not coal signals that Poland’s energy transition is underway.
Elevator, the Aberdeen-based business support organisation, said yesterday it had won a “major” contract to help Scotland achieve its net zero carbon ambitions.
The energy world is riven by many contradictions that are making the climate change-driven transition to a low-carbon world difficult.
In these difficult times, it is challenging to manage day-to-day business as well as thinking to the future. Clearly, we have seen rapid and significant changes to business operations and Aberdeen Renewable Energy Group (Areg) members and others are under greater pressure than ever to deliver results.
There has been a lot of discussion in the media recently about the prospects that the “great plague of 2020” will inevitably lead to fundamental changes in both our economy and our society.