Global investment in the energy transition must double to $3.5 trillion a year to keep global warming below catastrophic levels, according to a new report by analytics and consultancy firm Wood Mackenzie.
The Western Australian government today signed a new Memorandum of Understanding (MOU) with the Japan Bank for International Cooperation (JBIC) covering hydrogen, ammonia, low emission technology and decarbonisation.
Chevron (NYSE:CVX) plans to spend about $2.5 billion building up its hydrogen business this decade as the oil major accelerates investment in low-carbon technologies.
Yesterday's announcement by Sunak was far from destructive for the North Sea oil & gas industry given the generous projects investment tax relief, but it fails, as it turns out, in at least one critical way.
Chevron has announced the launch of its $300 million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all, it said.
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.
The man who led the Michelin factory in Dundee throughout its ramp-down and helped to establish the Michelin Scotland Innovation Parc (MSIP) will step down at the end of June.
Bringing about the energy transition needs to make “economic sense” and be socially and environmentally sustainable, according to Shell’s chief technology officer.
Damen Shipyards has announced it has taken a new 'low carbon' offshore vessel to the concept stage after calls from operators for lower emissions and increased on board comfort.
The push to find low-carbon energy solutions is gaining momentum in the academic world and eclipses the effort being directed towards oil and gas and coal-related research by universities.
As clean energy emerges into its bright post-subsidy future, many within the industry were eagerly anticipating announcements within the Chancellor’s Budget designed to boost the sector into its next growth phase. In the event however, the topic was not mentioned, ceding further ground to other priorities.
To curb greenhouse gas emissions, nations, states, and major conurbations/cities should aim for a mix of fuel-saving, plus flexible and highly reliable sources of energy.